$BTC 📈 Market Status

Current price: ~118,500 USD, in a consolidation range after reaching all-time highs at ~123,000 USD

Intraday volatility: moderate (~1.48%).

The BlackRock IBIT ETF surpasses 700,000 BTC managed, attracting large inflows.

This week saw record inflows into Bitcoin and digital asset ETFs (~3,130M USD)

Favorable regulatory framework in the US.

Bills such as GENIUS, CLARITY, and Anti-CBDC are advancing during "Crypto Week", generating optimism

Approval of the GENIUS Act is expected to potentially catapult the price to ~150,000 USD.

Technical Analysis

Overall trend: Bullish in the short term, consolidating levels above the EMA50 moving average.

Key levels:

Resistance: ~118,200 – 122,000 USD

Supports: zones of 115,000 USD (EMA50), second support at 112,500 USD.

Technical indicators:

RSI and MACD show signs of short-term overbought conditions in smaller time frames.

Dependence on regulatory outcomes: If the legislative framework doesn’t pass, it could reverse momentum

Exposure to the macroeconomic context: Global tensions or reversal in investor flows may affect the price.

Outlook and forecasts

Aggressive projections:

Some analysts predict movements up to 150,000 USD with GENIUS approval

Expert panels (Finder.com) estimate a year-end close around 145,167 USD, with a possible range of 87,000 – 162,000 USD.

✅ What to consider?

If you are considering short-term trading, stay alert to retest the 115,000 USD support before new impulses.

🧾 Summary

Bitcoin is currently in a consolidation phase around 118,500 USD, driven by institutional flows and regulatory advancements in the US. Technically, it remains bullish but with signs of overbought conditions, suggesting caution with support levels and potential correction. Projections range between 150,000 USD and 200,000 USD if the regulatory trend is confirmed.