Why is BTC’s price up today?
Bitcoin rose 1.73% in 24h to $118,131, driven by institutional optimism, technical momentum, and macro catalysts. 1. Primary catalyst: Institutional validation 2. Technical context 3. Market dynamics Conclusion Bitcoin’s 24h gain reflects a confluence of technical strength, institutional validation, and macro liquidity hopes. While short-term resistance looms near $118,859 (23.6% Fib), the alignment of whale…