🔥 Bitcoin rebounds strongly and sets sights on $125,000 🚀
📊 Current price and clear technical structure
$BTC remains firm above $122,300, with a short-term bullish structure. The rebound from $118K marks a trend change after weeks of correction.
📌 Key factors driving the price
🔹 Rumors of new spot ETFs in Hong Kong
🔹 Macro optimism after rate cuts in the U.S.
🔹 Growing institutional interest according to on-chain data
🔹 Liquidity is accumulating in the $124K zone
🧭 Technical level of the day
📉 Key support: $119,800
📈 Immediate resistance: $125,400
🎯 Critical level: breaking $124K could pave the way for the weekly target of $130K
🌐 Institutional outlook / macro vision
BlackRock and Fidelity are reportedly accumulating BTC through derivative funds. Additionally, BTC dominance rises to 54.3%, reflecting leadership in the crypto market.
❓Do you think BTC will break $130K this week?
Respond below and let's see who gets it right 📉📈
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