Bitcoin is trading above $114,000, defending an ascending trend line and 50-day SMA. This confluence zone is often bullish. Satsuma Technology raised $218 million in BTC-denominated funding. With higher lows forming since April and pension funds expanding crypto exposure, a breakout toward $123,000 is possible. Satsuma holds 1,126 BTC at an average entry of $115,149, near break-even. The raise aligns with a macro trend of $7.8 billion in crypto asset acquisitions. Technical setup points to a breakout with price action around $114,980 consolidating above two key supports: the 50-day SMA at $112,860 and the long-term ascending trend line. RSI is about to cross above 50, a potential bullish sign. A broad ascending triangle with higher lows shows accumulation below $123,206. A break above this level could unleash buyers towards $131,337 and $138,680. Holding the trend line suggests a stair-step rally. Breaking below $111,995 could open the door for a drop to $105,225 or $99,500. Confirmation and a bullish engulfing candle above $115,000 would be an entry for swing traders. The short-term entry is a break above $115,000. Targets: $123,200. Stop-loss: below $113,800. If this triangle breakout confirms, bulls could regain control if paired with renewed institutional inflows and ETF stability.