🚨 Bitcoin is stabilizing despite the fluctuations.. Are we on the brink of a price explosion?!
As the markets await every move from the U.S. Federal Reserve, Bitcoin (BTC) has proven to be the true leader of the market, stabilizing around $116,000 – $118,500 amid strong fluctuations this week.
---
🔥 What is really happening?
✅ The U.S. Federal Reserve decided to keep interest rates steady, easing pressure on digital assets.
✅ MicroStrategy announces huge profits backed by its investments in BTC.
✅ Technical indicators show strength in Bitcoin support at the $115,000 levels.
✅ Increased interest from institutions through ETF funds is driving a wave of smart buying.
---
📊 Quick technical analysis:
Strong support: $115,000 – $116,000
Next resistance: $118,800 then $120,000
If it breaks $120k firmly, we may see an upward move towards $125,000$ soon.
However, if it breaks down below $115,000$ , then $112,000$ will be a new testing area.
🚀 Upcoming expectations:
The scene suggests that Bitcoin is building a strong base for a new breakout, especially with the calm in the Federal decision and the return of institutional appetite.
Markets are now waiting for a new spark, which may come from:
A new entry of ETF funds.
Official adoption news from a major bank.
Or even upward signals from gold, pushing investors towards safe assets like BTC.
❓ My question for you:
Do you think BTC will surpass $120,000$ this week?
Share your opinion in the comments 👇
And don't forget to follow me for exclusive analyses.