🟠According to Inside Edge Capital, Bitcoin is poised for a new leg up, with a target level of $135,000. CNBC expert Todd Gordon highlights strong technical signals, bolstered by record institutional demand for the IBIT ETF — now a benchmark for large-scale investor interest.
🟠Supporting this bullish outlook are a stable macroeconomic environment, expectations of Federal Reserve rate cuts, and the upcoming U.S. vote on stablecoin regulation. Analysis suggests that low volatility and a test of the key $110,000 resistance level are creating favorable conditions for a potential breakout to the upside.