Bitcoin Intelligence 25 is Published Bitcoin is consolidating between $117k–$120k, with $116k support and $120k resistance marking critical pivot levels. Strong new buyer demand at $117k, rising but not excessive profit-taking, and rebounding ETF inflows (+0.5B) highlight durable institutional support. Futures participation will decide the next breakout, with a squeeze above $120k targeting $123k–$128k. Macro conditions remain liquidity-positive: CPI is stable, PPI rising, and the Treasury is sculpting issuance while signaling Bitcoin as a strategic reserve asset. (subscription link in bio)