🔥 $BTC is preparing to break $110K with institutional strength and macroeconomic pressure😎
Bitcoin remains strong near $107,000, while analysts are watching how key catalysts align for an explosive breakout above $110K. Among them:
- Inflationary pressures in the U.S. weakening the dollar ($USDC ) and pushing investors towards hard assets.
- Rebalancing of the S&P 500, which could generate massive passive flows towards #BTC as a hedge.
- Record inflows into #ETFs of Bitcoin, with over $431 million in a single week.
- Institutional optimism, reflected in the open interest in BTC futures on CME, which reached new highs.
Additionally, market sentiment is leaning towards greed, with the Fear & Greed index marking 74 points, suggesting that traders are ready for a new bullish phase.
💥 When the catalysts align, the price doesn't ask... it just takes off.