🚀 BTC at $111,000 Momentum Building, Eyes on $118K

Name: $BTC (Bitcoin)
Price: ~$111,000
1-Day Target: ~$113,500

Market Snapshot & Technical Outlook

Holding Ground Amid Volatility
Bitcoin is consolidating around $111K–$113K. Key resistance sits at $113.6K—above this, bulls could drive a breakout; below $109K, a deeper dip may unfold.

Institutional Tailwinds
JPMorgan believes BTC is undervalued compared to gold and sees upside toward $126,000 by year-end.
Tiger’s model projects a base price target of $135K, with macro and fundamental multipliers potentially pushing it to $190,000.

Bullish Technical Patterns
A megaphone (broadening) pattern is emergingthis could catapult BTC toward $144K–$260K if confirmed.

3–4 Day Outlook

Bullish Scenario: A breach above $113.6K may signal upside toward $118K–$120K, and possibly $130K–$140K if momentum builds.

Bearish Scenario: Failing to hold support near $109K could open the door to a pullback toward $108K or lower.

Bottom Line

Bitcoin is showing signs of strength. With key resistance just above current levels, institutional interest, and bullish chart signals aligning, a breakout toward $118K–$120K is quite possible. If macro tails remain supportive, even $130K-plus could come into play.
#Bitcoin Whale Sell-Off Continues