$BTC

Bitcoin's current trend appears bullish, with several indicators supporting a positive outlook. Here's why ¹ ²:

- *Strong Weekly Rebound*: Bitcoin's price has surged over 10% in the past week, its strongest weekly gain since November 2024.

- *Increased Trading Volume*: Trading volumes have jumped 73%, validating the momentum recovery and suggesting renewed interest in the market.

- *Bullish Trend Across Time Frames*: Moving averages (SMA 20, 50, and 200) are aligned favorably for the bulls, indicating a solid technical recovery.

- *Institutional Investment*: US spot exchange-traded funds (ETFs) have recorded significant inflows, supporting the current trend and reinforcing bullish momentum.

- *Expert Predictions*: Analysts like Alankar Saxena and Alex Kuptsikevich predict further growth, with potential targets at $100,000 and $120,000.

However, it's essential to note that:

- *Resistance Levels*: Bitcoin faces key resistance zones at $95,650 and $100,000, which could impact its upward momentum.

- *Macroeconomic Factors*: Upcoming economic data releases, such as GDP and PCE, may influence market direction and validate the current scenario.

Overall, Bitcoin's technical outlook remains bullish, but market reactions to key zones and macroeconomic data will be decisive for what's next.