#BTC
🚀 Bitcoin Forecast: All Eyes on US Crypto Week
Bitcoin has updated its historical maximum — $118,000 amid expectations from US Crypto Week in the US Congress.
⚖️ The main driver — voting on cryptocurrency regulation laws. If the projects are approved (and the chances are high), BTC may:
🔼 Test the zone of $120–125K
🔼 In case of 'euphoria' — strive for $135K
But if the market hears something negative (for example, a postponement of decisions or harsh amendments), a correction to:
🔽 The support zone of $111–113K
🔽 Below — down to $105K (within a healthy correction)
💡 What is important:
• Open Interest and volumes remain high — traders are in the game.
• Futures are overheated, funding is positive — be careful with longs.
• On the spot, there is confident demand — institutions are entering without leverage.
🧠 My view: the next 5–7 days are not just movement on the chart, but a test of trust in cryptocurrency from global players. Be flexible. Don’t guess — observe.