Here’s what’s happening with $BTC this week, and why things are still looking very bullish for the coming months.

Price Action:
Bitcoin is holding strong between $116K–$120K. No big move yet, but this sideways range is exactly what we saw in 2017 and 2021 before those massive pumps.

If this pattern repeats, we could see $175K–$200K in the next 5–6 months.

Key Levels:
• Resistance: $125K (based on Head & Shoulders breakout)
• Support: $116K and $110K

Indicators:
• MACD is showing strong bullish momentum
• RSI is at 71% (yes, it’s overbought — but in parabolic runs, BTC has gone to 85–90 RSI before)

Quick Reminder:
Don’t fall for big headlines or market noise.
Market makers often use FUD or hype to shake people out, stay focused and think long term.

Big Macro News Helping Bitcoin:

1. Trump signed the “Big Beautiful Bill”, expected to bring in fresh liquidity

2. Despite wars and global tensions, markets are still at all-time highs

3. The economy bounced back even after tariff fears earlier this year

4. Rate cuts are coming, 3 to 4 cuts expected over the next few FOMC meetings

5. Global money y supply (M2) is increasing again, more fuel for risk assets.

What This Means:
The market might stay choppy short-term, but the bigger picture is still very bullish.
Any major dip could be a strong buy opportunity.

This Week’s Event to Watch:
• Nasdaq Earnings: could bring some short-term volatility

tay sharp, stay patient. The real move could be just around the corner.

#BTC #BTCPrediction #GregLens