🚀 #BTC110KToday | Bitcoin challenges the peaks, will we witness a breakthrough of 110 thousand dollars today?
With market momentum and calm inflation data, it seems that Bitcoin is preparing for a significant move.
The price is approaching 109500 amid increasing optimism from investors and analysts.
🔥 Supporting factors
Expectations for a reduction in U.S. interest rates in the coming months.
Continuous inflows into spot Bitcoin funds.
Clear growth in whale and institutional wallets.
📈 Technical signals
Breaking the resistance at 108800 could open the way toward 112000.
The current support at 105000 remains essential to maintain the upward trend.