#Bitcoin Sunday Analysis:
BTC is holding near $118,330 after last week’s bounce from $112,398, maintaining strong bullish momentum. Macro developments — including Trump’s $12.5T pension fund order allowing BTC inclusion, pro-crypto Fed nomination, and anti-debanking executive order — mark historic steps toward full BTC integration into the U.S. financial system.
🔸 Key Support Zone at $112,000–$113,000:
Liquidity pools remain here; market makers may dip price into this zone before resuming upside. This area offers a high-probability long entry.
🔸 Upside Target: $120,000 (Short-Term)
A breakout above range resistance could open the path to $125,000–$130,000 mid-term, fueled by whale accumulation, strong ETF inflows, and returning retail interest.
🔸 Risk Level at $110,000:
A sustained loss below this zone could slow bullish momentum, but macro and on-chain data suggest dips are buying opportunities.
🔸 Outlook:
Watch $112K–$113K for entries. Stay bullish above $110K. Prepare for possible volatility with CPI data Tuesday and PPI Thursday as potential breakout catalysts.
BTC is holding near $118,330 after last week’s bounce from $112,398, maintaining strong bullish momentum. Macro developments — including Trump’s $12.5T pension fund order allowing BTC inclusion, pro-crypto Fed nomination, and anti-debanking executive order — mark historic steps toward full BTC integration into the U.S. financial system.🔸 Key Support Zone at $112,000–$113,000:
Liquidity pools remain here; market makers may dip price into this zone before resuming upside. This area offers a high-probability long entry.
🔸 Upside Target: $120,000 (Short-Term)
A breakout above range resistance could open the path to $125,000–$130,000 mid-term, fueled by whale accumulation, strong ETF inflows, and returning retail interest.
🔸 Risk Level at $110,000:
A sustained loss below this zone could slow bullish momentum, but macro and on-chain data suggest dips are buying opportunities.
🔸 Outlook:
Watch $112K–$113K for entries. Stay bullish above $110K. Prepare for possible volatility with CPI data Tuesday and PPI Thursday as potential breakout catalysts.
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.