Bitcoin's Weekly Forecast: Will We See a Surge to 118K?

As we dive into another week, Bitcoin enthusiasts are buzzing about potential price movements. With current market sentiments fluctuating, the question on everyone’s mind is whether we’ll experience what some are dubbing a dead cat bounce, pushing BTC towards the promising range of 118K. Crypto traders should note that this week could be pivotal. With key resistance levels to monitor, the technical analysis suggests a possibility of an upward momentum that might tempt traders to bet on a breakout. Additionally, macroeconomic factors, including inflation reports and regulatory updates, could ignite major price shifts. Investors are advised to stay vigilant and ready to react to any changes. Whether you’re a seasoned pro or a newcomer to the scene, keeping an eye on these developments is crucial. So, buckle up! This week might just hold the excitement that crypto lovers live for. Remember to strategize wisely and navigate the ever-changing landscape with informed decisions.