Bitcoin Faces Resistance at $116K After Recovery Rally

Bitcoin has staged a recovery above $114,000 following a sharp liquidation event, but now faces significant resistance near $116,000. The cryptocurrency is trading below key moving averages while technical indicators show mixed signals. A decisive break above $118,000 could trigger further gains toward $120,000, while failure to hold current levels might lead to renewed selling pressure.

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Bitcoin ETFs Fuel $160B Surge as BTC Tests $126K Ceiling

Bitcoin is consolidating near record highs as institutional demand through U.S. spot ETFs continues to dramatically outpace supply, creating a structural deficit that’s tightening the cryptocurrency’s free float. With eight consecutive days of net inflows pushing total ETF assets toward $160 billion and technical analysis pointing to key support at $117,000 with resistance at $125,000-$126,000, Bitcoin’s evolution from speculative asset to institutional portfolio diversifier appears increasingly solidified.

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Bitcoin Hits $126K ATH, Bulls Eye $130K as Rally Continues

Bitcoin has shattered previous records, surging past $126,000 to establish a new all-time high as bullish momentum continues to dominate the cryptocurrency market. The BTC/USD pair is now consolidating above critical support levels while traders and analysts watch for potential moves toward the psychologically significant $130,000 threshold, supported by strong technical indicators and sustained buying pressure.

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Bitcoin Hits $126K All-Time High, Market Cap Tops $2.5T

Bitcoin has shattered all previous records with a stunning surge to $126,000, establishing a new all-time high after nearly two months of consolidation. The cryptocurrency’s explosive rally has propelled its market capitalization to $2.5 trillion, surpassing tech giant Amazon and approaching the valuation of silver. This historic breakthrough occurs during what crypto enthusiasts traditionally call ‘Uptober,’ a period known for bullish momentum in digital assets.

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Bitcoin Surges Past $118K, Eyes $120K Resistance

Bitcoin has launched a significant upward movement, breaking through multiple resistance levels to trade above $118,000. The cryptocurrency is now consolidating its gains while technical indicators suggest continued bullish momentum. Traders are watching key resistance at $119,500 for the next potential breakout, with the BTC/USD pair showing strong technical foundations for further advancement.

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