Bitcoin’s $118K Wall

[nihalsari]

Bitcoin is knocking on a critical door: $118,000 resistance.

Analyst views:

@Jelle: “Break 118K and hold above it, and new ATHs are next.”

MN Capital’s van de Poppe: If resistance breaks, BTC could sprint to $120K, then $124.5K ATHs.

But the danger zone is clear too:

If rejected → watch $116.8K → $114.5K (recent range).

Below that → $112K, also the 100-day SMA.

In short: $118K is the “line in the sand” for the next BTC rally. A flip here means the bulls take control of the macro narrative.