Bitcoin Eyes Potential Breakout Above $115K Amid Whale Accumulation and ETF Inflows
Main Idea
Bitcoin is facing resistance at $115,000, with potential for a breakout toward $118,000, supported by whale accumulation and ETF inflows.
Key Points
1. Bitcoin struggles to surpass $115,000 resistance, with a breakout potentially targeting $118,000.
2. Whale accumulation and ETF inflows reinforce Bitcoin’s support above $112,000.
3. Technical indicators like RSI divergence suggest bullish momentum may resume upon clearing $115,000.
4. Institutional interest has surged, with U.S. spot Bitcoin ETFs registering renewed inflows, helping maintain prices above $112,000.
5. Maintaining support above $112,000 could pave the way for Bitcoin to reach $150,000 by Q4 2025.
Description
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