Bitcoin Hits $117K – Is This the Start of the Supercycle?"
🚀 Bitcoin Just Touched $117,000! 🚀
The king of crypto is back in full force, and the market is heating up. With BTC smashing through key psychological levels, the question is: Are we entering a new Bitcoin supercycle?
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🔍 What’s Driving This Rally?
✅ ETF Inflows: Spot Bitcoin ETFs continue to attract billions, showing rising institutional demand.
✅ Halving Effect: We're now months past the 2024 halving, and historically, this is when price momentum kicks in.
✅ Fiat Weakness: Global inflation concerns are pushing investors toward hard assets like BTC.
✅ Retail Hype: As BTC hits all-time highs, FOMO is bringing new investors to Binance.
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📉 Possible Resistance Ahead?
While $117K is a massive milestone, analysts are watching $120,000 and $125,000 as potential resistance zones. A pullback is possible — and may offer a solid entry point.
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💡 My View:
This is not just a pump — it’s the beginning of a new crypto cycle. I’m staying cautious but bullish. I’m DCAing into BTC and ETH, and also watching altcoins that usually follow the big moves.
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📊 What’s your strategy at $117K BTC?
HODLing? Taking profit? Or waiting for altseason?
Let me know 👇
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