The analysis identifies potential bearish trends, and the need of breakout is highlighted for continuation of the bullish movement, based on technical analysis of Bitcoin. Momentum indicators show cause for concern while the price remains relatively stable. If the price goes upwards, massive momentum shift is expected. Current rejection around $118,315 area, if it does not hold, will cause $97,000 retest and possible bear market till October 2026 or massive momentum to upwards for $130,000. Reaching high is dependent on price action off current 50 week SMA levels.