#NewHighOfProfitableBTCWallets
🚀 Bitcoin – A Step Towards a New Financial Future
🔹 Current Price: Approximately $111,950
🔹 Daily Range: Between $110,924 – $113,419
🔹 Daily Change: Approximately -0.12%
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🔍 Technical Analysis
Price Pattern: Bitcoin is moving within a "Megaphone" pattern across multiple time frames, indicating future targets between $144,000 – $260,000.
Key Resistance: At $113,600, breaking it may open the way for a new upward wave.
Key Support: At $109,000, breaking it may lead to a short-term correction.
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🌍 Influencing Factors
Monetary Policy: Expectations of a US interest rate cut are putting pressure on the dollar and supporting risk assets like cryptocurrencies.
Whale Behavior: Despite selling from large investors (such as selling 250 BTC), the price continued to rise above 113K, reflecting strong accumulation.
Institutional Valuation: JPMorgan estimates Bitcoin's "fair value" at $126,000, which is about 13% higher than the current price.
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💡 Conclusion
Bitcoin is not just a price that moves up and down; it is a rare asset (only 21 million) representing financial freedom and value protection. Today we stand at a crossroads:
Support at 109K determines the strength of buyers.
Resistance at 113.6K defines a new breakout towards historical levels.
> The most important question: Will you be among those who witness the next Bitcoin leap, or will you remain a spectator?