Bitcoin Target 113,800? This key support must not be lost!!!
Bitcoin has regained 95,000, with MVRV band and capital inflow signals confirming - 95,500 becomes the lifeline for bulls. Once stabilized, 113,800 will be the next main target.
The risk model shows a significant downward trend for the first time, and speculative flows have bottomed out, with large funds quietly returning. A threefold resonance from on-chain, ETF, and technical structures is signaling that the fundamentals are releasing signs of "the bull market is not over."
But the market is not without worries. VWAP has reached +3σ, and short-term may experience sideways fluctuations or even slight pullbacks. The long-term trend remains solid, with the monthly level ascending channel being effective, and June may see levels above 115,000.
