Bitcoin is trading between $113,524 and $113,882 ahead of Federal Reserve Chair Jerome Powell's speech at Jackson Hole. The cryptocurrency's 24-hour range is $112,647 to $115,789, with a market cap of $2.26 trillion and $45.41 billion in trading volume. The price is consolidating near a crucial support level, with a downtrend observed since a rejection at $124,517. Institutional repositioning and ETF outflows are impacting liquidity, potentially increasing volatility as traders anticipate Powell's address.