BTC Eyes New Highs as Bulls Hold Momentum
Bitcoin (BTC) continues to lead the crypto market, currently holding strong above the $100,000 level. After a period of consolidation, BTC shows signs of bullish strength, supported by institutional inflows and reduced exchange reserves. Investors are optimistic, with spot Bitcoin ETFs drawing billions in capital, indicating growing confidence in long-term value. Technically, BTC faces immediate resistance near $104,500, while strong support lies at $98,000. A breakout above resistance could trigger a fresh rally toward $110,000. On-chain data suggests increased HODLing activity and whale accumulation. With macroeconomic stability improving and regulatory clarity progressing in major markets, Bitcoin remains the cornerstone of investor portfolios, driving momentum across the broader crypto space. Stay tuned for the next big move.
