🇧🇷 $BTC bounces from $112K — preparing for a new rally?
Current price & technical structure
Current price: $113,416
Intraday range: $112,021 – $114,407
Bitcoin has just found support in the $112K–$113K zone after retreating from its daily high and is now consolidating within a sideways channel on medium-term charts.
Key factors of the day
Net inflows of Bitcoin ETFs: $130 M in positive flows (led by BlackRock’s IBIT with $92.8 M), reversing previous outflows.
Increasing institutional streak: Accumulated ETFs exceed $50 B, representing nearly 70% of the flows attracted by gold in 2025.
Extended bullish cycle outlook: Bernstein analysts project that this bullish phase could extend until 2027, estimating that BTC could reach $200K within the next 6-12 months thanks to regulatory frameworks like the GENIUS Act and institutional support.
Technical level of the day
Key support: $112,000–$113,000
Immediate resistance: $114,400–$115,000
Critical zone: Staying above $113K could pave the way for a new impulse (+1%, up to $115K–$116K); breaking below could set up a correction towards $110K.
Macro / institutional outlook
The inflows to ETFs, a favorable regulatory environment, and new institutional players point to a market backed by solid fundamentals. The narrative of continued adoption and structural demand reinforces medium-term prospects.
Do you think BTC will break above $115K this week or will we see more consolidation? Your vote with 👍 or 👎
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