BULL CASE STRENGHTHENS AS BTC STRUCTURAL SUPPORT HOLDS!

The bull case for Bitcoin is strengthening as it holds above key structural support levels. Here's what's driving the optimism :

Support Zone: Bitcoin has consistently defended the $93,000 to $100,000 support zone, which is considered a crucial line of defense. This zone is backed by concentrated accumulation in Q1 2025, providing a foundation for the ongoing bull trend.

Bullish Patterns: Technical charts validate the $93,000 to $100,000 structural support zone. A cup-and-handle formation on Bitcoin's daily chart suggests a potential breakout once the handle consolidates near resistance.

-nstitutional Accumulation: Large wallets holding 10 to 10,000 BTC have accumulated 81,338 BTC over six weeks, indicating strong conviction and reduced likelihood of near-term sell pressure.

Trendline Support: Bitcoin is trading above a clean ascending trendline on the 4-hour chart, currently bouncing near the 1.618 Fibonacci level at $107.7K. As long as price action stays above the trendline, the bullish structure remains valid.

Key Levels to Watch:

- Resistance: $108K and $110.8K are key resistance levels to watch for a potential breakout.

- Support: $93,000 to $100,000 is the critical support zone that has been tested and held.

- Target: Analysts predict a potential target of $137K based on historical patterns.

Market Sentiment:

- Whale Accumulation: Whales are accumulating Bitcoin, with large holder inflows surging over 11,800% in the past week.

- Reduced Speculative Pressure: Open Interest has dropped by 5.26%, suggesting that overall speculative pressure is cooling, which may lay the groundwork for more stable bullish momentum ahead.#NODEBinanceTGE #BTC110KToday? #BinanceAlphaAlert $BTC #bullish