$BTC / USDT
The essentials of the moment:
Current price: around US $114,415, with intraday fluctuations between US $114,336 and $115,579.
Critical support identified:
The level of US $112,000–$113,000 acts as a solid technical base; a sustained loss could trigger a correction towards US $110,000–$108,000.
Immediate resistance to watch:
Selling pressure is observed in the zone of US $117,000–$118,000, considered a technical wall.
Surpassing US $120,000–$123,000 could activate a significant rally towards US $125,000–$128,000.
Recent technical outlook:
The price is undergoing a consolidation phase between US $112K and $117K, awaiting external catalysts such as the upcoming macro data or Fed decision.
Indicators like RSI and MACD reflect mixed signals, while MVRV levels show upside potential.
Institutional momentum and future outlook:
An extension of the bullish cycle is projected, with potential to reach US $200,000 according to Bernstein, driven by regulatory support and strategic reserves.
In the short term, investment flows have revitalized the price above US $114,500, aiming for possible rises towards US $130,000+.
Technical Scenarios
Scenario Key Condition Potential Targets
Bullish Sustained close above US $118K–$120K Short: $125K → Medium: $130K–$135K–$150K
Neutral Trading between US $112K–$118K Consolidation zone before the next impulse
Bearish Break below US $112K Risk towards $110K → $108K or even $105K