As of today, Bitcoin (BTC) is showing a mix of bullish and cautious signals. Here’s a quick breakdown:
✅ Bullish Signals
Price Momentum: BTC is up ~3–4% in the last 24 hours, holding above $105K.
Institutional Buying: The Coinbase Bitcoin Premium Index is at its second-highest of 2025—indicating strong U.S. investor demand via ETFs.
Whale Accumulation: Large wallet addresses (10+ BTC) are increasing steadily.
Technical Breakout: BTC has cleared key EMAs, with bullish chart patterns forming (e.g., cup and handle).
Macro Boost: Cease-fire news in the Middle East improved global risk sentiment.
⚠️ Bearish or Caution Flags
Overbought Indicators: RSI is approaching 80 (overbought), which could trigger a short-term pullback.
MACD Divergence: On lower timeframes, signals suggest weakening momentum.
Profit-Taking Risks: Whales may begin selling if BTC nears major resistance ($107K–$110K).
Fed Uncertainty: Powell gave no signal of upcoming rate cuts; if yields rise, risk assets could feel pressure.
🟡 Bottom Line: Bullish with a Side of Caution
Short-term: Mildly Bullish, but watch for potential dips due to overbought conditions.
Medium-term: Still Bullish, with strong fundamentals and institutional support.
Key to watch: If BTC breaks above $110K with volume, it may retest all-time highs. A drop below $100K could shift momentum.
