Bitcoin Targets $135K After Hitting 112K Milestone
Bitcoin reaches $112K, now setting sights on the $135K mark as bullish momentum continues building.
- Bitcoin crosses $112K, eyes $135K next
- Market sentiment remains strongly bullish
- Momentum supported by institutional buying
Bitcoin Hits $112K — What’s Next?
Bitcoin has just cleared a major psychological level at $112,000, and the market’s attention is now firmly on the next key target: $135,000. The rapid movement suggests confidence among traders and investors, driven by a mix of technical strength and fundamental backing.
After breaking above the six-figure mark, Bitcoin has shown strong follow-through, with minimal pullback. The momentum appears far from over, as bullish predictions continue to pour in — and $135K has emerged as the next critical level to watch.
Why $135K Is the Next Target
The move from $112K to $135K is being closely tracked by both retail and institutional players. Several factors are fueling this trajectory:
- Technical breakout: Bitcoin is forming higher highs and higher lows, a classic bullish pattern.
- ETF-driven demand: Spot Bitcoin ETFs continue attracting record inflows, tightening supply on exchanges.
- Macro outlook: Inflation concerns and interest rate speculations are pushing more capital into crypto as a hedge.
With supply shrinking post-halving and demand increasing, $135K could be more than just a price target — it may become the next major consolidation zone before any larger move.
Market Momentum Remains Strong
Investor sentiment has remained solid as Bitcoin’s price action continues to defy skepticism. The path toward $135K won’t be linear, but given the volume, liquidity, and institutional inflows, the market appears to have the fuel it needs.
For many analysts, this phase marks the early stages of a broader bull cycle that could see Bitcoin testing even higher levels later this year.
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