What’s Driving the Bullish Momentum?
Institutional Demand & Policy Tailwinds:
Bitcoin is trading around $117K, buoyed by a fresh wave of inflows from institutional investors and optimistic headlines on crypto-friendly policies.
Fed Speculation and Macro Tailwinds:
The market is pricing in potential interest rate cuts from the Fed, which typically supports riskier assets like Bitcoin.
Technical Setup Favoring a Breakout:
Price action has held strong above key support zones while reducing selling pressure among short-term holders. Analysts are now eyeing a breakout above $115.5K—which could push BTC toward $143K or beyond.
Here’s a quick snapshot of Bitcoin’s current rally:
