Bitcoin Price Prediction: $218M Satsuma Raise and SMA Retest Hint at $123K Breakout
Bitcoin is trading just above $114,000, defending its ascending trendline and 50-day SMA, a key confluence zone that traders often watch for bullish continuation. This technical retest comes as institutional momentum heats up: Satsuma Technology just raised $218 million in BTC-denominated funding, adding to a broader wave of long-term capital moving into Bitcoin. With higher…
