Bitcoin Bounces Near $115K, Bullish Outlook Strengthened by Ichimoku Signals

Bitcoin continues to hold strong support around the $114,724 level as its price bounces off the Tenkan line on the weekly Ichimoku chart. This recent move suggests a potential bullish structure, with analysts observing that exceeding this key support could solidify bullish sentiment and drive further gains. Resistance is currently situated near $119,539, but a break above this resistance could unleash even more upside momentum as buyers continue to defend critical levels.