Bitcoin Price Prediction: $125K in Sight as MicroStrategy’s BTC Holdings Hit $77.4B
- Bitcoin price consolidates near $120,800 resistance, with $124,500 in focus if breakout strength holds.
- On-chain data shows $83M in net outflows, signaling accumulation despite mixed September flows.
- MicroStrategy’s $77.4B Bitcoin holdings reinforce institutional confidence and boost market sentiment.
Bitcoin price today is trading at $119,996, consolidating just under the $120,800 resistance cluster after an explosive rally from $111,000. The recovery has put BTC back at its highest levels in weeks, but momentum faces a key test at the 0.786 Fibonacci retracement and the descending trendline.
Bitcoin Price Faces Resistance At Fibonacci Levels
The daily chart shows Bitcoin staging a sharp rebound from the $111,300–$112,000 zone, aligning with the 0.236 Fibonacci retracement and long-term ascending trendline s…
Read The Full Article Bitcoin Price Prediction: $125K in Sight as MicroStrategy’s BTC Holdings Hit $77.4B On Coin Edition.
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Bitcoin's Key Trends Suggest Price Still Has Plenty of Room to Run
Bitcoin Price Prediction: $125K in Sight as MicroStrategy’s BTC Holdings Hit $77.4B
- Bitcoin price consolidates near $120,800 resistance, with $124,500 in focus if breakout strength holds.
- On-chain data shows $83M in net outflows, signaling accumulation despite mixed September flows.
- MicroStrategy’s $77.4B Bitcoin holdings reinforce institutional confidence and boost market sentiment.
Bitcoin price today is trading at $119,996, consolidating just under the $120,800 resistance cluster after an explosive rally from $111,000. The recovery has put BTC back at its highest levels in weeks, but momentum faces a key test at the 0.786 Fibonacci retracement and the descending trendline.
Bitcoin Price Faces Resistance At Fibonacci Levels
The daily chart shows Bitcoin staging a sharp rebound from the $111,300–$112,000 zone, aligning with the 0.236 Fibonacci retracement and long-term ascending trendline s…
Read The Full Article Bitcoin Price Prediction: $125K in Sight as MicroStrategy’s BTC Holdings Hit $77.4B On Coin Edition.
Read More