#BTCPrediction

BTC/USDT on Binance is trading around $117,700, consolidating after a sharp rally to $123K earlier this week.

The price action today is sideways, holding above key support at $117K.

Resistance remains at $120K–$123K.

📊 Market Sentiment:

Institutional interest continues to support BTC. Spot Bitcoin ETFs have pulled in over $2.3B this week, led by BlackRock’s IBIT.

This strong backing is keeping the overall trend bullish, despite today’s mild dip.

📈 Technical View:

BTC remains in an uptrend, with buyers defending the $117K zone.

If price reclaims $120K with strong volume, a breakout toward $125K+ is likely.

However, a break below $117K could push BTC down to $113K.

⚖️ Regulatory Boost:

U.S. legislation (GENIUS & CLARITY Acts) is moving toward approval, giving investors more confidence in the crypto space.

🔔 Watchlist for Binance Traders:

Key support: $117K

Resistance: $120K–$123K

Funding rates stable = no extreme leverage

📢 Outlook: Bullish bias intact. Accumulate on dips if $117K holds.