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Bitcoin Poised for a Breakout

2 Oct 2025by CryptoJazz Admin1 min read1 views
Bitcoin Poised for a Breakout

🟡Bitcoin has reclaimed key Fibonacci levels, consolidating above $116,000 and reinforcing bullish momentum. The next resistance sits at $117,968, with a breakout potentially driving price toward $118,500–$120,000. At the same time, holding support near $115,980 is critical to sustaining the uptrend.

🟡Open interest in BTC futures has climbed to $80 billion, underscoring rising institutional participation and longer-term optimism. Adding fuel to the narrative, Michael Saylor continues to frame Bitcoin as “digital energy,” positioning it as a foundation for large-scale capital accumulation.

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