$BTC #SouthKoreaCryptoPolicy
Many analysts are now talking about a turning point that could return the cryptocurrency market to an upward trajectory. Technical indicators for Bitcoin show it is nearing a breakout of a critical resistance area ranging between $108,000 and $111,000, which, if surpassed, could lead to a rapid rise towards $120,000. Conversely, continued consolidation below this range may mean testing the $97,000 support again. However, the new aspect of the scene is strong institutional liquidity, along with increased activity from whales. Additionally, the rising use of cryptocurrencies in emerging markets and the launch of national projects to hold Bitcoin as a financial reserve enhance the likelihood that this is merely a 'temporary truce' before a strong bullish wave. Are you ready for the next upward station?