🚀 Bitcoin Targets $118K — The Last Barrier Before a New All-Time High
Bitcoin has reclaimed the $115K zone and briefly touched $117K on August 8, fueled by bullish news from the U.S. — President Donald Trump’s executive order now allows crypto investments in 401(k) plans.
Top analyst Titan of Crypto suggests $BTC could soon retest its all-time high near $122,800. But first, it must break through a crucial resistance — the Kijun-sen (Base Line) on the Ichimoku Cloud, sitting around $118K.
Key signals:
Price is back above the Tenkan-sen (red line) → momentum turning bullish.
Kijun-sen = the final hurdle before $123K.
Chikou Span remains in positive territory → trend still favors the bulls.
If BTC holds above this “blue line” level, the next leg of the bull run could already be in motion.
