With Bitcoin hovering around key resistance, $110K isnāt just a targetāitās the next stop on the roadmap.
š Standard Chartered recently revised their Q2 target of $120K, calling it ātoo conservativeā. Some analysts now hint at $200K before year-end.
š¼ BitMEX founder Arthur Hayes says heās ābetting on $110K nextā and jokes that once we hit it, itās āyachtzee timeā on the way to $250K.
š° Institutional demand is boomingāspot ETFs have absorbed over $5.3B in inflows in just 3 weeks, squeezing available supply.
š Technically, things look solid: bullish pennant patterns, fractal analysis pointing to a breakout, and $100K+ acting as strong support. Some models suggest $110K could be cleared within days.
With the Fed likely easing and the halving still echoing through the market, all signals point upward.
ā³ Itās not a question of if, but when. And when might be sooner than youāre ready for. Better fasten your seatbelt. šš
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