$BTC Market Analysis & Predictions 📊

Bitcoin (BTC) is showing strong resilience, currently trading at $106,680, just shy of its all-time high of $111,924. Analysts are closely watching key levels and indicators to forecast its next move.

1️⃣ 🔍 BTC is approaching a critical resistance at $112,000; a breakout could signal a new upward trend.

2️⃣ 📉 Support levels are identified at $103,000 and $100,000; holding these could prevent a significant pullback.

3️⃣ 🌟 The formation of a "golden cross" (50-day moving average crossing above the 200-day) suggests bullish momentum.

4️⃣ 📈 Some experts predict BTC could reach $152,000 to $229,000 if current trends continue.

5️⃣ 🏦 Institutional investments and the rise of Bitcoin ETFs are contributing to increased market confidence.

6️⃣ 🌐 Global economic factors, including inflation data and interest rate decisions, remain influential on BTC's trajectory.