The analysis assesses Bitcoin's current sideways movement, suggesting it might be within a B-wave, making it difficult to trade. The resistance area for the week is identified between $115,425 and $120,404. A broader correction is possible, with a potential support zone around $96,000. On the shorter time frame the support is $108,574.00 and resistance is $113,520.00, leading to range bound movement. Analysis shows that if BTC surpasses the $113,520.00 mark, it could continue upwards; conversely, dropping below $107,574.00 would likely result in a bearish continuation.