Bitcoin News Update 📰

$BTC Gains on Weak Dollar — But $120K May Have to Wait

Bitcoin is seeing fresh upside as the U.S. dollar softens, helping bulls reclaim ground. However, macroeconomic headwinds — including inflation concerns, Fed uncertainty, and global risk-off sentiment — could delay a clean breakout toward the $120K level.

📊 Key Takeaways:

Weak Dollar = BTC Boost — As DXY dips, BTC is holding strong above $114K.

Resistance Ahead — $118K–$120K remains a key barrier.

Caution Lingers — Macro signals still mixed, with rate cut expectations unclear.

Outlook:

Momentum is building, but traders should remain cautious. $120K is still in sight, but timing may depend on broader market sentiment.

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