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Bitcoin faces resistance at $118K, but ETFs may push BTC price higher

INFRASTRUCTURE
BTC
NEUTRAL
🔴 BREAKING

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Bitcoin

BTC

Bitcoin

$103,616

+1.37%

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TL;DR

Bitcoin is encountering resistance at $118,000, but the approval of Bitcoin ETFs could drive the price higher. ETFs may provide easier access for institutional investors, potentially leading to increased demand and price appreciation for BTC.

Summary

Bitcoin is encountering resistance at $118,000, but the approval of Bitcoin ETFs could drive the price higher. ETFs may provide easier access for institutional investors, potentially leading to increased demand and price appreciation for BTC.

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Full article content is available on the original source.

By Cointelegraph by Nancy Lubale

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