#ShareYourThoughtOnBTC
BTC is trading around $115K, rebounding nicely after dipping near $110K earlier this week.
Institutional support remains robust—with spot Bitcoin ETF inflows and the creation of a U.S. Strategic Bitcoin Reserve bolstering confidence.
🔍 Technical & Sentiment Signals
A key technical resistance near $114K–$115K has recently cleared, potentially opening a path for a 25% rally toward ~$140K.
Analysts expect breakout momentum in August, citing ETF demand, reduced exchange balances, and improved investor sentiment.
Market psychology suggests this may be mid-cycle bullish territory—similar to peaks seen in 2017 and 2021.
🗣️ Expert Forecasts
Mary Ann Bartels sees near-term targets around $113K and $150K once BTC settles past $100K.
Analysts such as VanEck, Bitwise, Standard Chartered project BTC topping $180K–$200K by year-end, with upside to $500K under bullish regulatory paths.
A trading expert expects BTC could hit $140K by August, following a major technical rebound known as the “Triple Cluster Support.”