🚀 #BTC110KToday? Bitcoin Eyes Six‑Figure Breakout
Bitcoin is back in the spotlight, flirting with the $110,000 mark after reclaiming key levels above $107K–$108.6K .
Momentum is intensifying, backed by massive ETF inflows, growing institutional interest and a softened USD Index .
🔍 What to Watch:
1. Institutional capital is flowing in – ETFs are seeing weekly inflows exceeding $1 billion .
2. Technical indicators are lighting up: RSI and MACD show strong bullish momentum, while Bitcoin approaches a critical resistance zone .
3. Whales are stacking, miners are holding back, and futures open interest is surging—signs of conviction .
🧠 Analyst Insight:
Sygnum Bank cautions on a possible "double top" near $110K, but affirms a crash is unlikely without a black-swan event .
❓So, Will BTC Hit $110K Today?
The stage is set:
✅ Support has held above $107K–$108K
✅ Institutional demand remains robust
✅ Technicals favor bulls
If BTC breaks $110K convincingly, next targets lie between $115K–$120K .
But beware: failing to hold here could trigger a pullback toward $103K–$105K .
📣 What’s your take?
Are we ready for the next leg up—or is this a temporary peak?
Drop your thoughts below! 👇
#BTC110KToday? #Bitcoin #CryptoAnalysis #InstitutionalCrypto