Bitcoin Poised for a Breakout
🟨Bitcoin continues to hold strong near $124,000, consolidating around its all-time highs and displaying signs of healthy accumulation. According to analyst Michaël van de Poppe, the market is “building endurance” for the next leg up toward $150,000, with levels below $121,000 seen as attractive entry points for long-term investors.
🟨Rising institutional demand and spot ETF inflows exceeding $3.2 billion this week reinforce Bitcoin’s position as a strategic macro asset. The former resistance now acting as solid support underlines the maturity of the market and sets the stage for the next phase of the bull cycle.
https://crypto-jazz.com/bitcoin/2025/10/08/bitcoin-poised-for-a-breakout-7/