šŸš€ Bitcoin Update: Bullish Momentum & Institutional Waves 🌊

Markets at a Glance:

• Currently trading around $119,350, Bitcoin remains resilient, hovering above the $118K support zone and showing intraday strength after bouncing off a recent dip near $117K ļæ¼.

• A record high near $123K was recorded just days ago, before a minor correction brought prices back into the $118–$120K range ļæ¼ ļæ¼.

What’s fueling the push?

• U.S. regulatory clarity is a big tailwind. The recent passage of the GENIUS Act, along with the Digital Asset Market Clarity and Anti‑CBDC Surveillance State Acts, signal a more favorable landscape—boosting institutional confidence ļæ¼.

• Institutional inflows remain impressive. Strategist firms like MicroStrategy continue accumulating, while ETF inflows have reached historic levels—BlackRock’s Bitcoin ETF alone is nearing $90 billion in AUM ļæ¼.

On-chain & macro setup:

• The post-halving supply squeeze, combined with growing adoption and technological strength, gives BTC runway to test higher targets—analysts are eyeing $135K as the next key milestone