Bitcoin Dey Hold Above $115K, Eye $120K Amid Mixed Signals
Bitcoin dey hold above $115,000 after bullish whale dem dey accumulate and call-option buys plenty, while retail sell pressure for Binance make net taker volume negative. Price premium for different areas dey diverge: US Coinbase Premium remain stable, but Korean premium fall below zero, showing uneven retail demand. Liquidity wahala between $115K and $120K see $2.3 billion buy orders cancel out $4.1 billion sell orders for Binance. Even though on-chain activity reduce and futures funding rates still high, rebound from daily fair value gap at $112,000–$115,200 fit cause breakout above all-time high near $123,100. Analysts divide: some models predict $139,000–$150,000 by year-end, others warn say market overbought, make people begin take profit. Traders suppose dey watch support for mid-$110K area and sustained close above $120K to confirm fresh upside momentum.
Bullish
Bullish whale accumulation an positive call-option skew dem show say institutional demand strong, while di key support weh dey above $115K don hold gid despite retail sell pressure and network activity wey dey fall. Di liquidity battle between $115K and $120K plus di possible rebound from di daily fair value gap dey point to breakout wey fit pass di all-time high if buyers still get control. Even though overbought warnings and macro factors dey make people dey cautious, di overall movement still dey go up, supporting bullish outlook for short and medium term.