$BTC

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# Breaking the 114000 level enhances the chances of a rise

If the Bitcoin price successfully closes above the **114000** level clearly, it increases the likelihood of sustaining the upward trend in the near term.

This level represents a psychological and technical resistance and the price has been rejected from it several times in recent days, making its break an important signal.

## Factors Supporting the Upward Trend

- **Recent positive news**: Such as the influx of funds into Bitcoin and Ethereum funds, and increased activity on the TRON network via USDT.

- **Buying by institutional entities**: As shown in reports about the accumulation of a large amount of Bitcoin by companies like Twenty One Capital.

- **Relative stability after the correction**: After the drop from 119000 levels, the price began to stabilize around 112000–113000, which is considered a potential base for a breakout.

## What follows the breakout?

- Closing above 114000 could open the way towards **116000 then 118000**.

- The trading volume accompanying the breakout is very important: the higher the volume, the greater the credibility of the movement.

- Monitoring the new support level at 113000 will be essential to maintain the upward momentum.

Thus, breaking 114000 with a strong close raises the likelihood of continued upward movement, but it must be confirmed by sustained price action and not returning below it.

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