$BTC
🚀 Bitcoin Next Move: Technical & News Update
Bitcoin (BTC) is trading around $115,500, consolidating near key resistance. Analysts suggest a short dip below $110K could occur before the next major bullish breakout. Institutional outlook remains positive — Standard Chartered forecasts BTC could retest $100K as a “final dip” before a strong rally.
Technically, if BTC breaks and closes above $114,500–$115,000, the next target could be $120,000–$123,000. However, losing support at $108,000 might push prices toward $104,000.
With market liquidity tightening and rate-cut expectations rising, volatility is expected. Traders should stay cautious, set tight stop-losses, and prepare for a strong move soon.
Always trade by your own research
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