As of today’s market session, Bitcoin (BTC) is exhibiting a pattern of tight consolidation, trading within a narrow range that has traders closely monitoring key support and resistance levels. Despite the lack of immediate explosive volatility, the underlying market structure remains bullish, largely driven by sustained inflows into spot Bitcoin ETFs. Institutional accumulation appears to be absorbing the selling pressure from short-term holders, creating a sturdy floor for the asset. Analysts point to the diminishing supply on exchanges as a critical metric, suggesting that a supply shock could be imminent if demand continues at its current pace. From a technical perspective, Bitcoin is hovering above key moving averages, with the Relative Strength Index (RSI) resetting to neutral territory, potentially clearing the path for the next leg up. However, macro-economic factors, including upcoming interest rate decisions and inflation data, continue to cast a shadow of uncertainty, causing some retail investors to remain on the sidelines. The correlation between Bitcoin and traditional tech stocks has shown signs of decoupling recently, reinforcing the narrative of BTC as an uncorrelated store of value. As the market digests recent halving dynamics, the focus remains on whether bulls can reclaim higher psychological resistance zones to trigger a broader market rally.