📉📈 #Bitcoin balancing between macro pressure and institutional demand
Fresh market setup:
1⃣ Fed slows the market – rate cut odds dropped to 70%. Hawkish stance → pressure on $BTC .
2⃣ Institutions buying aggressively – Coinbase premium at highest since April, ETFs scooping up Bitcoin.
3⃣ Miners in hardware race – $314M poured into new ASICs ahead of US tariffs. Network strengthens, but selling risks remain.
🔑 Key levels to watch:
— $112K = risk zone (double-top)
— $124.4K = ATH and gateway to the next leg up
👉 The big question: can ETF inflows outweigh the Fed’s slowdown?
