💡 Over the past two trading sessions, Bitcoin has risen by just over 4% and is now trading very close to the $110,000 mark per BTC. For now, the bullish momentum remains intact, driven by consistent buying interest, supported by the growth of key market indicators reflecting Bitcoin’s internal dynamics. In addition, overall market confidence has stabilized, which has helped maintain buyer interest.
If these conditions persist, buying pressure could become even more significant in the short term.
Bitcoin has attracted strong buying interest in recent weeks, reflected in the “Open Interest – All Exchanges” indicator, which measures the total value of open positions.
This indicator recently hit new short-term highs, surpassing $38 billion, pointing to a sharp increase in market activity, breaking previous records.
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#BTCReclaims110K $BTC