📊 $BTC Set to Hit $110K as Long-Term Holders Return 🚀

📉 Bitcoin has faced recent volatility, influenced by CPI data and the Israel-Iran conflict. Yet despite macro headwinds, BTC continues to find strong support, currently trading just under $107,000.

🛡️ Long-term holders (LTHs) have ended their two-month selloff. New data shows that outflows have stopped, and minor inflows suggest LTHs are re-entering the market. This marks a shift in sentiment and may drive fresh upward momentum.

🏦 Institutional confidence also remains strong. On Friday, Bitcoin ETFs saw $301.7M in inflows, the second-highest of the week — even amid geopolitical tension. Sustained ETF demand could propel BTC higher in the coming days.

📈 Technically, BTC bounced off $105,572, showing solid support. Now all eyes are on the $108,000 resistance. A breakout could open the path to $109,476, with $110,000 and even a new ATH at $111,980 in sight.

⚠️ But if momentum weakens and BTC fails to clear $108K, a reversal back to $105K is likely. Watch ETF flows and price levels closely.

⚠️ Disclaimer:
This post is for informational purposes only and does not constitute financial advice or endorsement.