$BTC Today:
Strong Resurgence Above $109K.
📈 Technical Snapshot:
#bitcoin surged to a daily high of ~$110.4K and is currently consolidating above $109K. A breakout above $111K–$114K could open the path toward $143K 📊 .
Chart indicators show a bullish Golden Cross (100-day MA crossing above 200-day) and sustained buying momentum after a bounce from $106K support .
🌍 Macro & On-Chain Backdrop:
Institutional inflows via Spot ETFs exceed $45B monthly, reinforcing demand .
The U.S. strategic Bitcoin reserve adds long-term credibility and signals government backing .
Continued interest from U.K. pension funds—alongside easing dollar strength—is lifting BTC.
🔧 Key Price Levels:
Immediate resistance: $111K–$114K (clear breakout = rally to $120K–$143K)
Support zones: $106K and $104K–$105K range.