Bitcoin (BTC) Price Prediction: Will Bitcoin Break $118K?
- Bitcoin reclaimed key Fibonacci levels, signaling renewed bullish momentum above $116K.
- Crucial resistance sits at $117,968, with potential upside toward $118,500–$120K.
- Strong futures interest and Saylor’s trillion-dollar strategy reinforce long-term bullishness.
Bitcoin has recently demonstrated remarkable strength, reclaiming key Fibonacci retracement levels on the 4-hour chart. This move signals renewed bullish momentum as the cryptocurrency approaches critical resistance zones.
Traders and investors are closely watching the $117,968 level, which has acted as a short-term ceiling. A decisive breakout above this area could propel Bitcoin toward higher targets, potentially reaching $118,500–$120,000 in the near term.
Key Levels and Trend Outlook
Immediate support for Bitcoin lies around $115,980 and $114,420, corresponding to the 0.786 and 0.618 Fibo…
Read The Full Article Bitcoin (BTC) Price Prediction: Will Bitcoin Break $118K? On Coin Edition.
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Bitcoin Breaks $118K as Citi Predicts $133K and Robinhood Pushes Tokenized Finance
Bitcoin (BTC) Price Prediction: Will Bitcoin Break $118K?
- Bitcoin reclaimed key Fibonacci levels, signaling renewed bullish momentum above $116K.
- Crucial resistance sits at $117,968, with potential upside toward $118,500–$120K.
- Strong futures interest and Saylor’s trillion-dollar strategy reinforce long-term bullishness.
Bitcoin has recently demonstrated remarkable strength, reclaiming key Fibonacci retracement levels on the 4-hour chart. This move signals renewed bullish momentum as the cryptocurrency approaches critical resistance zones.
Traders and investors are closely watching the $117,968 level, which has acted as a short-term ceiling. A decisive breakout above this area could propel Bitcoin toward higher targets, potentially reaching $118,500–$120,000 in the near term.
Key Levels and Trend Outlook
Immediate support for Bitcoin lies around $115,980 and $114,420, corresponding to the 0.786 and 0.618 Fibo…
Read The Full Article Bitcoin (BTC) Price Prediction: Will Bitcoin Break $118K? On Coin Edition.
Read More