BITCOIN SOARS ABOVE $111K — HEADING FOR $120K OR IS A TRAP AHEAD?
New ATH at $111,900! BTC is on a full rise and the market is in ecstasy — but how far will this rocket go?
Why is BTC rising so strongly?
Regulation in favor: U.S. Senate advances pro-stablecoin legislation. In Texas, Bitcoin is now part of the State's strategic reserves!
Favorable macro scenario:
Weakening dollar
Inflation under control
Trade truce with China
Result? Increasing flow to risk assets like BTC.
What's next?
$115K is the next psychological resistance
$120K could be broken if U.S. GDP and PCE inflation data are positive
Post-halving cycle could drive BTC to $150K to $200K by October, according to optimistic analysts
But be cautious:
Unexpected changes at the Fed
Geopolitical tensions
Weak economic data
...could pull BTC back to $60K in the medium term.
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Summary for the savvy:
Bitcoin is in turbo mode, but every rise needs fuel.
Follow the trend,
Protect yourself with a stop-loss,
And be ready to surf or retreat at the right time.
#Bitcoin #BTC #AllTimeHigh #BullRun #CryptoNews #SombraDoMercado
