Bitcoin is on 🔥—and today's price action is fueling the hype:
In a sharp move, BTC has surged through key support levels and is currently hovering around $107,600—up roughly 1.9% intraday. Major technical indicators are flashing bullish, hinting at an accelerated momentum.
Why the pump?
Institutional inflows continue to dominate—about $1.9 billion in ETF capital hit BTC this week.
Corporate holders, especially miners and megacorps like Strategy, are holding large BTC reserves and buying the dip.
Macro tailwinds remain favorable: easing tensions, potential U.S. rate cuts, and technical momentum are all converging to boost confidence
