• Bitcoin breaks above key trendline with $126K–$130K targets as bullish EMAs align.
• Coinglass data shows $270M net inflows, the strongest in recent months.
• U.K. set to lift Bitcoin ETF ban, reinforcing global adoption and liquidity narrative.

The daily chart shows Bitcoin breaking clearly above the descending trendline that limited gains since August. The 20-day EMA at $116,484 and 50-day EMA at $114,874 have now crossed upward, forming a bullish structure that indicates strengthening trend momentum.

Momentum signals support this view. The RSI reads 70.51, suggesting strong buying pressure but showing signs of nearing overbought territory. The broader uptrend remains intact, supported by the 100-day and 200-day EMAs at $112,790 and $107,172.

If Bitcoin price today maintains its level above $123,000, the next up…

Read The Full Article Bitcoin Price Prediction: Analysts Target $130K As U.K. ETF Decision Sparks Inflows On Coin Edition.

• Bitcoin breaks above key trendline with $126K–$130K targets as bullish EMAs align.
• Coinglass data shows $270M net inflows, the strongest in recent months.
• U.K. set to lift Bitcoin ETF ban, reinforcing global adoption and liquidity narrative.

The daily chart shows Bitcoin breaking clearly above the descending trendline that limited gains since August. The 20-day EMA at $116,484 and 50-day EMA at $114,874 have now crossed upward, forming a bullish structure that indicates strengthening trend momentum.

Momentum signals support this view. The RSI reads 70.51, suggesting strong buying pressure but showing signs of nearing overbought territory. The broader uptrend remains intact, supported by the 100-day and 200-day EMAs at $112,790 and $107,172.

If Bitcoin price today maintains its level above $123,000, the next up…

Read The Full Article Bitcoin Price Prediction: Analysts Target $130K As U.K. ETF Decision Sparks Inflows On Coin Edition.