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Bitcoin (BTCUSD) Soars on MACD Golden Cross, Eyes $124K Breakout Ahead of CPI

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The Story

News Summary

  • Bitcoin tests resistance near $112,500; a MACD golden cross and falling-wedge breakout signal upside toward $124k–$126k, while whale balance declines suggest profit-taking.
  • Rejection could send BTC back to $106k–$101k; upcoming US CPI and jobs reports may trigger volatility.
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BTCUSD price history

77983.70 +16.40% over the displayed period

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