๐ $BTC โ Bitcoin Holds Strong as Bulls Defend $107K Zone ๐
Bitcoin ($BTC) is currently trading around $107,800, showing resilience after pulling back from a recent high of $110,277. While the market cools, bulls are still firmly in control. ๐ช
๐ง Whatโs Happening?
๐ Minor dip (-1.6%) after testing $110K resistance
๐ฆ Institutional inflows remain strong via spot BTC ETFs
๐ฐ Macro clarity (CPI, Fed tone) helping stabilize sentiment
๐ Key Levels to Watch
Support: $107K โ $105K โ $100K
Resistance: $110K โ $112K (ATH zone)
๐ RSI suggests room for another leg up
๐ฎ Narratives Driving BTC
๐๏ธ Institutional adoption booming (Circle IPO, corporate BTC treasuries)
๐ Fed pause = bullish tailwind
๐ Global crypto regulation improving investor confidence