Bitcoin (BTC) trades around $112,260, consolidating within a tight range as investors weigh bullish technical setups against global macroeconomic 0 leading asset moved between an intraday high of $113,138 and a low of $110,812, showing the tight range that has dominated trading in recent 1 momentum indicators suggest cautious 2 remains firm at $110,000, while moving averages at $109,300 and $101,000 strengthen the bullish 3 the upside, resistance at $113,000–$115,000 remains the next crucial hurdle, with analysts noting that a breakout above this band could unlock renewed 4 Bets Boost Bitcoin Confidence Institutional activity continues to shape sentiment despite mixed price 5 watchers highlight growing expectations of 6 Reserve rate cuts following weaker jobs data as a stabilizing force for Bitcoin.
Meanwhile, liquidity inflows from crypto ETFs and corporate treasury allocations remain a significant driver of 7 firm Metaplanet 8 raised $1.4 billion to expand its Bitcoin holdings, growing its reputation as a proxy play for investors in 9 draw parallels to MicroStrategy’s long-term accumulation strategy, noting that such moves show institutional conviction even as spot prices 10 data also paints a complex picture. Fidelity’s spot Bitcoin ETF recently saw $55.8 million in outflows, signaling short-term caution among investors. However, the broader trend of institutional accumulation suggests confidence in Bitcoin’s role as a hedge and long-term store of 11 Expect Breakout Potential Despite near-term hesitation, analysts remain cautiously 12 point to accumulation patterns and resilient demand as signs that Bitcoin is preparing for its next decisive 13 BTC can reclaim and sustain levels above $115,000, it could confirm the start of a new rally 14 now, consolidation remains the dominant theme, with macroeconomic policy, ETF flows, and institutional strategies dictating the pace of the next 15 one analyst put it, Bitcoin’s ability to attract long-term institutional bets during uncertainty may be the clearest sign yet that its next major move is only a matter of 16 image from ChatGPT, BTCUSD chart from Tradingview
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