The analysis focuses on Bitcoin's recent consolidation, revealing that 117000 is a level to watch. The indicators suggest indecision, although broader support remains intact.The Polyfactor Supertrend indicator signifies equilibrium between buyers and sellers. Flow Ribbons supports medium-term bullish sentiment. Market Entropy displays substantial chop but shows signs of breakdown.Volume Profile analysis highlights 117000 as a key level. Price zone dynamics and the Z-score Probability Waves point to 117000 as crucial for continued bullish momentum. A fall below 101000 would cause significant breakdown.