Bitcoin (BTC)
Price: $106,057.22
Variation: +1.02%
Market Cap: $2.11T
24h Volume: $40.45B
Technical Analysis:
Bitcoin clearly maintains market dominance. Support above $105K has been confirmed, while large wallets continue to accumulate. Net outflows from exchanges reflect a long-term strategy by strong hands.
Technical Conclusion:
BTC is advancing steadily amidst solid fundamentals and institutional backing. Selling pressure has decreased, and the outlook points to a climb towards $110K if no adverse macroeconomic factors emerge.
Is Bitcoin ready to consolidate a new range above $110,000 or will we see a short-term bull trap?
