Bitcoin Holds Near $114K Despite Uncertainty, Analysts Say Rally Could Cement $100K Support Zone

The price of Bitcoin (BTC) continues to hover around the $114,000 mark as investor sentiment swings between optimism and ￰0￱ Reading: Analyst Shares Why He Bought A Massive Stack Of XRP, ‘It’s Not A Gamble’ According to Standard Chartered’s head of digital asset research Geoffrey Kendrick, the recent developments may mark a transformative phase for Bitcoin, one where its six-figure price zone becomes a lasting support level rather than a fleeting ￰1￱ Tailwinds Drive Market Mood Kendrick points to a rebound in global risk appetite after recent signs of détente between the United States and ￰2￱ around delayed rare-earth export restrictions and increased ￰3￱ purchases by China have eased trade tensions ahead of the high-level summit between President Donald Trump and President Xi ￰4￱ notes that this shift in geopolitics has helped restore confidence in risk assets, including Bitcoin, and may be influencing the recent uptick in the Bitcoin-to-gold ratio, a key sentiment indicator for crypto ￰5￱ parallel, expectations of a potential interest-rate cut by the Fed and the possibility of the bank pausing its quantitative-tightening programme have also lifted hopes of increased liquidity, further favouring risk-on ￰6￱ suggest that if the Fed pivots, it could serve as a boost for Bitcoin’s structural ￰7￱ Bitcoin ETF Flows Could Cement the New Floor Beyond macro trends, Standard Chartered emphasises the growing role of institutional flows into spot Bitcoin ￰8￱ believe that over $2 billion recently exited gold-backed ETFs, and argues that even half of those funds shifting into BTC products would represent a major structural change in capital ￰9￱ matters because it signals a shift away from the traditional narrative that Bitcoin’s price moves are primarily driven by its miner-reward “halving” events.

Instead, large-scale adoption and institutional investment now appear to be the dominant drivers of the ￰10￱ this momentum persists, Kendrick asserts that Bitcoin may be entering a new phase where dropping below $100,000 becomes ￰11￱ Line At present, Bitcoin remains within a consolidation range near $112,000–114,000, with technicals pointing to a tightening in volatility and potential for a breakout once macro catalysts ￰12￱ Reading: Citigroup Teams Up With Coinbase To Develop New Stablecoin Solutions If Bitcoin can hold above this cluster and institutional flows continue unabated, the $100,000 level may no longer be just a psychological barrier, it could become the de facto ￰13￱ and investors will be watching closely in the days ahead for confirmation of these ￰14￱ image from ChatGPT, BTCUSD chart from Tradingview