Bitcoin Updates: Fibonacci-Based Bullish Outlook for Bitcoin Faces Fed-Driven Uncertainty—Is $140,000 Achievable?
- Bitcoin nears 61.8% Fibonacci retracement ($92,499), a key level historically linked to bullish breakouts and market stability. - Institutional demand and controlled pullbacks suggest resilience, with technical analysts projecting a $140,000 target via 1.618 Fibonacci extension. - MicroStrategy's Michael Saylor reaffirms Bitcoin accumulation, while Fed liquidity injections and rising SOFR rates introduce macroeconomic uncertainty. - Institutional players like Standard Chartered set $133k-$200k year-end t
Bitcoin’s recent price movement has drawn parallels to previous cycles, with technical experts emphasizing the importance of Fibonacci retracement levels as a possible trigger for a renewed upward trend. At present, the cryptocurrency is trading close to the 61.8% Fibonacci retracement mark, which is around $92,499,
The significance of the Fibonacci sequence is further highlighted by Bitcoin’s latest price trends, which echo its performance in the first quarter of 2025. After a decline from $110,000 to $74,599,
Institutional support is further bolstered by MicroStrategy CEO Michael Saylor,
Meanwhile, economic signals from the New York Federal Reserve have introduced new uncertainties.
Bitcoin’s ability to weather these developments is credited to its substantial liquidity,
As the crypto sector navigates shifting regulations and economic headwinds, Bitcoin’s alignment with Fibonacci levels and strong institutional support make a compelling argument for a $140,000 target. The upcoming weeks will reveal whether technical signals and macroeconomic factors will combine to fuel the next stage of its bull market.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
WCT experiences a 38% increase fueled by rising demand for data centers powered by AI technology
- WCT , a machinery sector stock, surged 38% in 24 hours, driven by AI-boosted data-center demand and improved pricing dynamics. - Jefferies highlighted WCT as a top machinery stock, citing its exposure to cloud computing growth and 2026 data-center construction projections. - The rally reflects shifting investor sentiment toward AI-linked infrastructure, with WCT benefiting from sector margin recovery and macroeconomic tailwinds. - Pre-earnings buying and strong positioning suggest confidence, though anal
Zcash News Update: ZEC Price Swings Cause Crypto Whale to Lose $1.17 Million on 10x Short
- A crypto whale's 10x short position on Zcash (ZEC) incurred $1.17M losses as prices fell below $360, triggering partial liquidations. - ZEC's volatility highlights risks in leveraged trading, with lower-cap assets facing manipulation and liquidity crises at platforms like Hyperliquid. - Whale activity intensified as Ethereum whales repositioned $1.39B and $5M in tokens amid regulatory uncertainties and market turbulence. - Leveraged ZEC positions show extreme duality: one whale's $8.28M unrealized gain c
The Emergence of ICP Caffeine AI in Web3 Advancement: Investing Strategically in Blockchain Protocols Powered by AI
- ICP Caffeine AI, developed by Dfinity, democratizes dApp creation via AI-blockchain integration, lowering technical barriers for developers. - The platform drove a 56% ICP token surge in one day and 385% growth over a month, with $237B TVL by Q3 2025 despite 22.4% dApp usage decline. - Strategic Microsoft Azure partnerships expand hybrid cloud utility, but regulatory risks and competition from centralized AI providers persist. - Its deflationary token model relies on sustained app adoption, contrasting w
ICP Soars by 30%: Could This Signal the Beginning of a Major Bull Market?
- ICP's 30% price surge sparks debate between bullish optimism and warnings of short-term volatility driven by macroeconomic factors and speculative trading. - Improved market sentiment from Fed policy expectations contrasts with hawkish comments causing 11% corrections, highlighting fragile macroeconomic foundations. - Technical upgrades like Caffeine and institutional partnerships coexist with declining DApp activity (-22.4%) and unverified adoption metrics, revealing innovation-adoption gaps. - Speculat
