Bitcoin has crossed the $115K milestone, gaining 2.76% in 24 hours and showing strong institutional demand. With ETF inflows topping $446M last week and macro optimism building on Fed rate cut expectations, momentum remains bullish.
Technically, BTC is facing resistance between $115,500–$116,200 — a breakout here could ignite a rally toward $120K and trigger short liquidations. Support holds near $112,500, marking a key defense zone.
Whales continue accumulating while Mt. Gox’s repayment delay eases selling pressure. However, traders should watch for profit-taking near $116K. All eyes now on Bitcoin’s next move — can it reclaim $120K soon?
