🚀 $BTC remains at $109,800 — the market aims for a new push after the consolidation
Bitcoin continues to consolidate its strength above $109,000, showing stability despite the recent profit-taking.
Analysts highlight that the current behavior could be a technical pause before a new bullish push towards $115,000–$120,000, supported by the steady influx of institutional capital.
Institutions continue buying:
Flow data shows that Bitcoin ETFs maintain positive net inflows of over $480 million in the last five days.
The sustained demand from institutional funds indicates confidence that the current price still represents accumulation value.
Growing scarcity on exchanges:
The supply of BTC available on centralized platforms has fallen to its lowest level since 2017, reinforcing the narrative of "supply shock".
Less supply + institutional accumulation = bullish pressure.
Favorable macro context:
Expectations of rate cuts by the Fed strengthen the appetite for risk assets, and Bitcoin is again positioned as the main beneficiary in this environment.
Are you preparing for the next jump towards $120,000 or waiting for a pullback before the rally? ⚡
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