BTC defies expectations –Absorbs 9 billion USD, aiming for 130K?

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BTC defies expectations –Absorbs 9 billion USD, aiming for 130K?Bitcoin / TetherUSBINANCE:BTCUSDTRocky_trade_BTCUSDT maintains its bullish momentum despite Galaxy Digital offloading 80,000 BTC (worth ~9 billion USD). Price only saw a slight dip before bouncing back quickly, signaling strong demand and a more mature market sentiment. Citi analysts point to ETF inflows and retail participation as the primary drivers of BTC’s rally, even as investors remain cautious ahead of the Fed’s rate decision. On the daily chart, BTC continues to trade within an ascending channel, with the 116,200 zone acting as a potential buy area on any pullback. The next target is set at 129,500 USDT, aligning with the channel’s upper boundary and technical resistance. Suggested strategy: Look to buy near 116,200–117,000. Target 129,500. Stop-loss below 115,000.