Bitcoin reignites the frenzy! Surging to $150,000, is the bull market legend about to repeat?
Bitcoin (BTC) is currently priced at approximately $104,980, having rebounded strongly from $102,800, supported by the 50-day moving average, replicating the familiar script of an 80% surge after the liquidity grab in 2024! It is currently testing the upper range; if it breaks strongly above $112,000, $150,000 could become the starting point of a new journey!
🐋 Whales are crazily accumulating, institutional confidence is at an all-time high!
On-chain data shows that whales are continuously increasing their holdings, with strong long-term bullish signals. Bitwise CEO states that the pressure in the $130,000-$150,000 range will significantly decrease, and trading experts like Henry point to a target of $135,000! Centralized vaults now hold 31% of BTC, and the influx of institutions is unstoppable!
📈 Macro tailwind: Weak dollar + interest rate cut expectations = the perfect tailwind for BTC!
With the global economy slowing down and expectations for interest rate cuts rising, Bitcoin, the king of risk assets, is leading the way. The mid-term target points directly to $150,000-$200,000, and the bull market horn has sounded!
🚀 The next round of wealth feast, are you still hesitating? Follow BTC's movements immediately, the path to the peak is just one step away!
