Bitcoin is currently trading in an upward channel, forming higher highs and higher lows, indicating a strong bullish trend.
Capital inflows from major financial institutions like JPMorgan and Citigroup are increasing into BTC, combined with expectations that the Fed will cut interest rates in September, providing positive momentum for the price. The Trump administration's cryptocurrency policies and Syz Capital reopening its BTC Alpha fund with 2,000 BTC have driven strong participation from institutional investors.
Technically, BTC has bounced off the support at $112,816 and could continue toward the resistance at $119,249. A break above this level could set the next target at $133,000 by the end of 2025. Investors should carefully monitor signals and manage risk accordingly.
Capital inflows from major financial institutions like JPMorgan and Citigroup are increasing into BTC, combined with expectations that the Fed will cut interest rates in September, providing positive momentum for the price. The Trump administration's cryptocurrency policies and Syz Capital reopening its BTC Alpha fund with 2,000 BTC have driven strong participation from institutional investors.
Technically, BTC has bounced off the support at $112,816 and could continue toward the resistance at $119,249. A break above this level could set the next target at $133,000 by the end of 2025. Investors should carefully monitor signals and manage risk accordingly.
Trade active
Top trading opportunities are waiting for you! : t.me/+TaRRH29IRysyNGJl
🔥 High-quality signals – Win rate up to 85%
📍 Accurate, verified technical analysis
⚡ Fast updates – Never miss a golden entry
🔥 High-quality signals – Win rate up to 85%
📍 Accurate, verified technical analysis
⚡ Fast updates – Never miss a golden entry
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.
Top trading opportunities are waiting for you! : t.me/+TaRRH29IRysyNGJl
🔥 High-quality signals – Win rate up to 85%
📍 Accurate, verified technical analysis
⚡ Fast updates – Never miss a golden entry
🔥 High-quality signals – Win rate up to 85%
📍 Accurate, verified technical analysis
⚡ Fast updates – Never miss a golden entry
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.