🚨 Bitcoin remains solid near $118K: heading towards $123K this week?
📊 $BTC operates at $117,137, holding well after hitting a low of $116,767. The stability is accompanied by ETFs that saw net inflows of $2.39B just last week. Additionally, the ETFs now manage $152B, with intense inflows: BlackRock leads with $1.19B in one week.
📌 Key levels:
🔻 Immediate support: $116,000 (limit of the symmetrical triangle)
🔼 Immediate resistance: $119,000
🎯 High target: $123,000 and then $130,000
🛑 Suggested stop: daily close below $115,500
🧠 Institutional insight: ETFs lead the rally, with inflows of $7.8B since July 9 and assets in BTC ETFs reaching $152B. Deutsche Bank highlights the maturation of the market thanks to regulations like the Genius/Clarity Act and participation of global ETFs.
