Bitcoin Price Prediction: Is BlackRock Secretly Eyeing a $200K $BTC Surge?
Current Price Action:
Bitcoin (BTC/USD) is facing rejection at $115,800, where the trendline meets the 50-period EMA — a critical confluence of resistance.
🔍 Technical Breakdown:
• Resistance Zone: $115,800
• Lower High Formed: Below key resistance on the 4H chart
• Immediate Support: $114,000 — now being retested