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Bitcoin surges ,but is today’s dip a chance to enter before the next leg up?
• Price Recap: After topping near $122k, BTC pulled back to ~$117k amid profit-taking and consolidation.
• Why It Matters: Institutional inflows are still pouring in $1.18B in one day, $217M earlier this week, and $14B+ YTD for spot ETFs. Whale wallets & on-chain data show accumulation.
• Macro & Regulatory Tailwinds: With “Crypto Week” in session and signs of Fed pivot, Bitcoin is being viewed as a strategic macro hedge.
• Technical Outlook: Watch the $121–122k resistance zone. A break above could spark visits to $126k–130k, or a dip to $118k–119k could offer a buying opportunity.
Key Watchpoints: ETF inflow updates, on-chain whale activity, and legislative headlines.
Bottom Line: BTC is consolidating post-rally, with strong structural momentum. A breakout above $122k—or even dips toward $118k—could set the stage for the next major move.
#Bitcoin BTC #CryptoMomentum Gate