📈 $BTC Holds Ground – What’s Next?
Bitcoin has been trading sideways between $116K–$120K this past week, showing impressive strength. Bulls remain firmly in control — and history might be repeating itself. Just like in 2017 and 2021, this kind of consolidation could be the calm before a massive surge, potentially pushing $BTC toward $175K–$200K in the next 5–6 months.
🔍 Key Levels to Watch:
🔺 Resistance: $125K (H&S Pattern Target) – virtually clear skies above.
🔻 Support: $116K & $110K.
Momentum Indicators:
✅ MACD: Still strong – signaling continued upside momentum.
✅ RSI: At 71% (overbought) — but parabolic phases often push it to 85–90.
⚠️ Be Alert:
Market makers often manipulate with FUD or FOMO to shake out liquidity. Stay sharp around major news cycles.
🌍 Macro Tailwinds Boosting Bulls:
1. 🇺🇸 Trump’s “Big Beautiful Bill” is injecting fresh liquidity.
2. 📈 Markets shrugged off war-related shocks and still sit at ATH.
3. 📉 Tariff fears in Q2 reversed with strong rebounds.
4. 🏦 Rate cuts ahead: 3–4 cuts (25bps) expected in next 6 FOMC meets.
5. 💵 Global M2 money supply is rising again.
📌 Bottom Line:
Expect short-term volatility but long-term sentiment remains extremely bullish. Any dips might just be golden buying opportunities.
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