Bitcoin Price Prediction: Global Regulatory Turmoil, BTC Rebound Aiming for $118,000

With the global Crypto Assets market experiencing significant Fluctuation, Bitcoin (BTC) has strongly rebounded after recently falling to 113,000 USD, currently hovering around 114,880 USD. Multiple factors such as international regulatory policies, energy transition, and geopolitical issues are reshaping the medium and long-term trend of Bitcoin. This article will comprehensively analyze BTC's next market movements from regulatory trends, industry innovations, to technical outlook.

Clarification of U.S. Regulations and Increased Institutional Participation

The latest cryptocurrency regulatory proposal put forward by the White House clearly delineates the responsibilities of the CFTC and SEC—CFTC will oversee the spot market, while SEC will focus on the securities market. This initiative is expected to end years of jurisdictional uncertainty and provide a clear rulebook for developers and investors.

Legal experts generally believe that this will reduce legal risks and attract more institutional capital into the market. Especially after the SEC dropped its lawsuit against XRP, market sentiment has clearly warmed up. The Trump administration advocated "equal risk, equal rules" and emphasized consolidating the dollar's position with stablecoins, laying the foundation for BTC as a digital commodity under CFTC regulation.

France's Nuclear Mining Proposal and Europe's Sustainable Narrative

The National Rally (RN Party) of France has proposed to utilize surplus nuclear energy for Bitcoin mining, marking a significant shift in policy attitude. This proposal not only addresses energy waste but also enhances the energy efficiency and environmental image of Bitcoin. If a mining center is established by the state-owned EDF at a nuclear power plant, it could not only serve as a European model but also potentially be replicated in other regions around the world, strengthening long-term institutional support for BTC.

However, there are still controversies within France regarding the environmental impact of mining, and political differences may slow down the progress. Overall, this policy brings a new sustainable development narrative for Bitcoin, helping to enhance its global legitimacy and market value.

The pressure of financial competition in the UK is intensifying, and encryption policies may see a breakthrough

Former UK Chancellor George Osborne warned that the UK has fallen behind places like Singapore, Hong Kong, and Abu Dhabi in the crypto assets race. He criticized the Bank of England's strict regulations on stablecoins and the policy ambiguity that has led to a brain drain and capital flight. With 12% of UK adults already owning crypto assets, calls for reform are growing.

In the future, if the regulatory environment in the UK is relaxed, it is expected to become a new center for crypto assets in Europe, further promoting the adoption rate and trading activity of BTC in the region.

Bitcoin Technical Analysis: Key Resistance at 115,343 USD, Target 118,000 USD

BTC/USD recently rebounded from 113,000 USD to 114,650 USD, but encountered resistance below 115,343 USD. This price level is near the descending trend line, creating a pivotal point for bulls and bears. RSI divergence indicates a weakening of selling pressure, with short-term bullish momentum gradually accumulating.

The candlestick chart shows a small shooting star pattern in the resistance zone, indicating market hesitation and some profit-taking. If BTC can close above $115,343, it will confirm a trend reversal, with the next targets being $116,912 and $118,878. Conversely, if it falls below $114,250, caution is needed for a retest of the $113,558 support or even the $112,178 support.

Trading Strategy Recommendations:

Entry: Wait for a strong bullish candle to appear above $115,350

Target 1: 116,912 USD

Objective 2: 118,878 USD

Stop Loss: Below 114,250 USD

Tip: Don't rush in; the uncertain candles below the trend line are risk signals. Wait for a clear breakout before entering.

Conclusion

Bitcoin demonstrates strong resilience under the new global regulatory landscape and industry innovation. As long as it can effectively break through the key resistance at 115,343 USD, BTC is expected to challenge the new high of 118,000 USD. Investors should closely monitor international regulatory policies, energy narratives, and technical signals to seize opportunities while managing risks.