The King of Crypto, $BTC, is showing some serious strength today! As we look at the weekly close, Bitcoin is holding firmly above major support levels, signaling that the "Bulls" are still very much in control. đ
đ Technical Analysis:
On the daily chart, #Bitcoin has successfully broken out of a descending wedge pattern. We are currently testing the resistance at the psychological level. If $BTC manages to close a daily candle above this zone, the next stop could be a new All-Time High! đ
Why the momentum is building:
Institutional Inflows: Spot #BitcoinETF volumes are hitting record highs in the USA, showing that big money is consistently buying the dip. đŚ
Supply Shock:Â With more $BTC moving off exchanges into cold storage, the "sell-side" pressure is weakening.
Macro Sentiment: Global economic shifts are making #BTC the ultimate hedge against inflation once again. đĄď¸
đĄ My Strategy:
I am personally looking for a "Buy the Retest" opportunity. Patience is key in this market. Watch the $72,000 - $75,000 support zone closely. As long as we stay above that, the moon mission is still ON! đ
Whatâs your take?
Is $BTC going straight to $100,000 from here, or do you expect one last "Shakeout" before the big move? đ§ Let me know your predictions below! đ
$BTC $ETH $BNB #Bitcoin #CryptoMarket #BinanceSquare #BullRun #TradingStrategy
