Bitcoin is on the rise again! đ
The price of Bitcoin is holding around $120,000 (â115,000$ on local exchanges) and the market looks confident.
In the last few weeks, BTC has been moving in the range of $118,000 â $122,000, and this may be preparing for a new surge.
Whatâs next?
⢠If BTC breaks the $122,000 level, thereâs a chance to see $125,000 â $127,000 in the coming days.
⢠If the market corrects, important support zones are $115,000 and $112,000.
Why could BTC continue to rise?
⢠Institutional investors are increasing their positions.
⢠Demand for spot ETFs in the USA continues to grow.
⢠In the second half of the year, there may be news about interest rate cuts from the Fed, which will support the crypto market.
âQuestion for you:
When do you think we will see $150,000?
