buy
Bitcoin Poised for $120K Push — $137K Possible After Cooler CPI
I see Bitcoin gaining momentum after cooler US CPI lifted the odds of Fed rate cuts to roughly 94%, which is catalyzing a push toward $120,000 and possibly $137,000.
I remain cautiously bullish: the macro setup favors risk assets, but I want to see sustained inflows and technical confirmation before adding aggressively. I'll manage risk with staged entries and clear targets.
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Analysis
Cooling inflation reduces terminal rate expectations, which historically supports risk-on flows into BTC. Key technical level is $120k — a confirmed break and sustained ETF/OTC inflows could open the ...
Recommendation
I recommend a buy stance with risk management: scale in or buy on pullbacks, set an initial target around $120,000 and consider taking profits into strength toward $137,000 while monitoring macro head...
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.