#BTCReclaims110K
đ Bitcoin Reclaims $110K: Bullish Momentum Returns
Bitcoin (BTC) has surged past the $110,000 mark, reclaiming a key psychological and technical level that has re-energized bullish sentiment across the crypto markets. This milestone comes amid growing institutional interest, ETF inflows, and speculation over global macro shifts favoring decentralized assets.
đ Whatâs Fueling the Surge?
ETF Demand: Spot Bitcoin ETFs in the U.S. and abroad continue to post strong inflows, suggesting sustained institutional accumulation.
Rate Cut Hopes: Expectations of U.S. Federal Reserve rate cuts have made Bitcoin increasingly attractive as a hedge against fiat debasement.
Halving Effect: Post-halving supply squeeze is starting to reflect in price action as miner sell pressure drops.
đ Technical Outlook
Analysts note that Bitcoin breaking and holding above $110K could pave the way for a move toward $120K-$125K in the coming weeks, assuming volume sustains and macro conditions remain favorable.
