Bitcoin Poised for Growth

🟡After reaching a new all-time high above $120,000, Bitcoin has stabilized around the $118,000 level, maintaining upward momentum. Investor confidence has been bolstered by positive legislative developments in the U.S. — “Crypto Week” in Congress brought legal clarity and made digital assets more accessible to large players.

🟡Strong institutional demand, resilience above $115,000, and a favorable macroeconomic outlook create favorable conditions for continued growth. According to GIS Mining, BTC could reach $130,000–$134,000 if the market regains momentum following this phase of consolidation.