#CryptoIntegration Bitcoin has been consolidating in a wide range between $116,000 and $120,000. This sideways pattern has created a clear structure visible to traders monitoring near-term movements. A downside resistance line had multiple tests before breaking decisively on August 11. This breakout sparked a rally to $122,000 and confirmed strength and aggression in buyers.

After the move higher, Bitcoin retraced and tested the broken resistance line, now support. The retest occurred near $116,500, reiterating that the zone is a key battleground for traders. . Market watchers suggest that holding above this level validates the breakout and sustains bullish sentiment.