$BTC

UPDATE on Bitcoin (BTC) :

🚀 BTC Market Snapshot

All-Time Highs: Recently surpassed $118K, currently trading around $117.5K .

ETF Inflows: Record $1.18B+ in a single day and $2.7B over the week—total spot ETF inflows have now topped $50B year-to-date .

Short Squeeze: Over $1B in short positions liquidated, triggering strong upward price pressure .

Policy & Institutional Tailwinds: Trump's pro-crypto moves, the Genius Act, and corporate adoption (130+ companies + MicroStrategy’s ~600K BTC) continue to fortify institutional confidence .

🔍 Key Drivers

Momentum Investors & Whales: Breakout past $111K–112K triggered waves of momentum buying .

Technical Setup: Clean breakout with bullish RSI (~60–65) and MACD—not overbought yet .

Macro Signals: Federal Reserve hints at rate cuts and a weakening dollar support BTC’s role as an inflation hedge .

📈 Trade Plan

Strategy Price Range Notes

Buy the Dip $115,000 – $116,000 Accumulate near rising support

Breakout Zone Above $118,000 Momentum trigger for short-term breakout

Targets $130,000 – $146,000 First leg up; next peak zone

Bull Case $160,000 – $200,000+ Possible if ETFs, legislation, and whales align

Stop-Loss Below $114,000 Protects from unexpected dips

🧭 TL;DR

Bitcoin is in bull mode—hitting fresh ATHs with record ETF inflows and institutional backing. A confirmed breakout above $118K could drive it toward $130K+, with further gains possible if momentum holds. Best entry is near $115K–116K, with tight risk control under $114K.

➡️ DYOR .

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