๐ *BTC/USD Bullish Outlook* ๐
Bitcoin is showing signs of strength and is *predicted to rise*, with *targets at 108,200 and110,000* ๐ฏ๐ฐ
๐ *Why This Move?*
- BTC recently bounced from a key support zone near 106K, forming a *higher low*, which suggests buyer confidence is returning ๐
- Short-term momentum indicators (like RSI and MACD) are turning bullish ๐
- If BTC breaks above minor resistance at107,500, we could quickly see a push toward 108,200 ๐งโโ๏ธ and even110,000 ๐
๐ก *Levels to Watch:*
- *Support:* 106,500 and105,000 โ holding these keeps bulls in control ๐
- *Resistance:* 108,200 is the first key barrier, and110,000 is a psychological level many traders are eyeing ๐
๐ *Market Context:*
- ETF inflows and macro signals (like Fed rate talk) are supportive ๐ฐ
- Altcoins are still waiting for BTC to stabilize โ once BTC consolidates above 110K, expect stronger moves across the entire market ๐๐ช
๐ฅ *Outlook:*
Short-term bias is bullish, especially if price breaks and holds above107.5K. This could open the door for a leg up towards the $110K target zone ๐
โ ๏ธ As always, set stops and manage risk. The crypto market moves fast.