⚡“Bitcoin on the Brink: $155K Breakout Incoming?”⚡
1️⃣ Pi Cycle Top Signals $155K Potential 📈
Bitcoin is trading above $109K, with the Pi Cycle Top indicator suggesting a potential surge to $155,400, provided it maintains levels above $91,400.
2️⃣ Institutional Adoption Accelerates 🏦
Major institutions are increasing their Bitcoin holdings, with over 100 new entities holding more than 1,000 BTC each joining the network since late January.
3️⃣ U.S. Embraces Crypto 🇺🇸
President Trump's announcement of a Strategic Bitcoin Reserve and a shift towards crypto-friendly regulations have bolstered market confidence.
4️⃣ Macro Factors Influence Market 🌐
Easing U.S.-China trade tensions and China's plans to relax fiscal policy are contributing to a favorable environment for Bitcoin's growth.
5️⃣ Technical Indicators Show Mixed Signals ⚠️
While the 21-Day Moving Average is nearing a "Death Cross" with the 50-Day MA, suggesting potential downside, holding above $96,957 could prevent a deeper correction.
Stay informed and trade wisely! 💹
