Bitcoin Near-Term Bullish Outlook with Key Support Levels

I see Bitcoin in a critical zone, but I maintain a slightly optimistic outlook for the short-term. The significant institutional investment and ETF capital inflows are compelling factors that support my bullish sentiment. Additionally, the halving cycle indicates we are heading towards a peak expected around Q4 2025. However, the cryptocurrency market remains volatile and susceptible to geopolitical shocks or unexpected hawkish policies from the Federal Reserve, which could quickly reverse gains. If Bitcoin maintains its price above $117,000, I would anticipate a rally pushing the price up to between $125,000 and $150,000 by September. Conversely, a fall below $112,000 could precipitate a decline of 5-10%, with further support levels around $102,000 to $104,000 where buyers might re-enter. Investors should vigilantly monitor critical support levels and stay informed on global news that could impact market sentiment. Given the unpredictable nature of crypto markets, thorough research and risk management are essential to avoid significant losses during sudden downturns.