$BTC
Technical analysis indicates that Bitcoin is following a strong upward pattern, with expectations of a "golden cross" (the 50-day moving average crossing above the 200-day moving average), which enhances the likelihood of the upward trend continuing towards $120,000. Confidence in the cryptocurrency market has been bolstered by increasing government demand and institutional adoption such as Strategy Company, along with advancements in U.S. legislation, such as the proposed stablecoin regulation bill, in addition to the support of former U.S. President Donald Trump for cryptocurrencies, including the establishment of a strategic reserve for Bitcoin.
#TrumpTariffs #MarketPullback #BinanceAlphaAlert #BinancelaunchpoolHuma