📊 Technical Analysis
● BTC/USD is testing the critical support zone near 113,000–114,000, formed by the descending channel base and prior demand shelf—this aligns with the highlighted green zone as a strong buyer area.
● A rebound above ~120,300 resistance would suggest renewed bullish momentum, potentially unfolding toward the 124,100–124,500 supply zone. Price action favors a dip-and-leg-up setup.
💡 Fundamental Analysis
● The U.S. 401(k) rule change allowing Bitcoin inclusion could unlock over a trillion dollars in retirement capital, significantly lifting institutional demand.
● Spot Bitcoin ETFs continue to attract massive demand: over $50 billion inflows year-to-date, with daily highs exceeding $500 million; institutional demand exceeds mining supply by 5.6× in 2025.
● On-chain metrics show whales accumulating and miner reserves at monthly lows, reinforcing structural imbalance between supply and demand.
✨ Summary
Long from 113–114k area; breakout above ~120.3k targets 124–124.5k.
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● BTC/USD is testing the critical support zone near 113,000–114,000, formed by the descending channel base and prior demand shelf—this aligns with the highlighted green zone as a strong buyer area.
● A rebound above ~120,300 resistance would suggest renewed bullish momentum, potentially unfolding toward the 124,100–124,500 supply zone. Price action favors a dip-and-leg-up setup.
💡 Fundamental Analysis
● The U.S. 401(k) rule change allowing Bitcoin inclusion could unlock over a trillion dollars in retirement capital, significantly lifting institutional demand.
● Spot Bitcoin ETFs continue to attract massive demand: over $50 billion inflows year-to-date, with daily highs exceeding $500 million; institutional demand exceeds mining supply by 5.6× in 2025.
● On-chain metrics show whales accumulating and miner reserves at monthly lows, reinforcing structural imbalance between supply and demand.
✨ Summary
Long from 113–114k area; breakout above ~120.3k targets 124–124.5k.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
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Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.