The post Bitcoin Price Prediction Today: Bulls Target $116K This Weekend appeared on BitcoinEthereumNews.com. The post Bitcoin Price Prediction Today: Bulls Target $116K This Weekend appeared first on Coinpedia Fintech News Bitcoin has confirmed a breakout above $111,000, showing strength after several weeks of sideways movement. The move comes as inflation data in the United States came in slightly better than expected, lifting both stocks and digital assets. Inflation Eases, Stocks Push Higher The latest consumer price index report showed a 3 percent annual rise, slightly below the expected 3.1 percent. That small difference gave a mild boost to markets, with the S&P 500 moving closer to record highs. Bitcoin often moves in line with major stock indexes, and the broader uptrend in equities continues to support a positive tone across digital assets. Historically, Bitcoin has not entered a deep downturn while U.S. stocks have been reaching new highs. Momentum Builds but Resistance Ahead Bitcoin remains in a larger upward trend on the weekly chart. The super trend indicator continues to show green, pointing to an active bull phase. Even so, a loss of momentum is visible, which could keep prices moving sideways for several weeks. The latest daily candle closed at around $111,000, above the previous ceiling near $110,000. Holding above this level is now important. If the price slips below, the recent breakout could fade. If it stays above, the next area to watch sits between $114,000 and $116,000, where earlier selling took place. Market Liquidity Maps Out Next Steps Heat map data shows a buildup of activity above the current price, mainly around $114,000 and $116,000. These zones may pull the market higher as positions unwind. Still, movement could slow within this range, as past reactions often reappear near the same levels. Short bursts upward or small pullbacks are both likely during this phase. Overall, this type of movement signals a… The post Bitcoin Price Prediction Today: Bulls Target $116K This Weekend appeared on BitcoinEthereumNews.com. The post Bitcoin Price Prediction Today: Bulls Target $116K This Weekend appeared first on Coinpedia Fintech News Bitcoin has confirmed a breakout above $111,000, showing strength after several weeks of sideways movement. The move comes as inflation data in the United States came in slightly better than expected, lifting both stocks and digital assets. Inflation Eases, Stocks Push Higher The latest consumer price index report showed a 3 percent annual rise, slightly below the expected 3.1 percent. That small difference gave a mild boost to markets, with the S&P 500 moving closer to record highs. Bitcoin often moves in line with major stock indexes, and the broader uptrend in equities continues to support a positive tone across digital assets. Historically, Bitcoin has not entered a deep downturn while U.S. stocks have been reaching new highs. Momentum Builds but Resistance Ahead Bitcoin remains in a larger upward trend on the weekly chart. The super trend indicator continues to show green, pointing to an active bull phase. Even so, a loss of momentum is visible, which could keep prices moving sideways for several weeks. The latest daily candle closed at around $111,000, above the previous ceiling near $110,000. Holding above this level is now important. If the price slips below, the recent breakout could fade. If it stays above, the next area to watch sits between $114,000 and $116,000, where earlier selling took place. Market Liquidity Maps Out Next Steps Heat map data shows a buildup of activity above the current price, mainly around $114,000 and $116,000. These zones may pull the market higher as positions unwind. Still, movement could slow within this range, as past reactions often reappear near the same levels. Short bursts upward or small pullbacks are both likely during this phase. Overall, this type of movement signals a…

                                                                               Market participants are eagerly anticipating at least a 25 basis point (BPS) interest rate cut from the Federal Reserve on Wednesday.                     The Federal Reserve, the central bank of the United States, is expected to begin slashing interest rates on Wednesday, with analysts expecting a 25 basis point (BPS) cut and a boost to risk asset prices in the long term.Crypto prices are strongly correlated with liquidity cycles, Coin Bureau founder and market analyst Nic Puckrin said. However, while lower interest rates tend to raise asset prices long-term, Puckrin warned of a short-term price correction.  “The main risk is that the move is already priced in, Puckrin said, adding, “hope is high and there’s a big chance of a ‘sell the news’ pullback. When that happens, speculative corners, memecoins in particular, are most vulnerable.”Read more