$BTC USDT – BULLISH MOMENTUM BUILDS, BUT VOLATILITY LINGERS
ABOVE 50-DAY EMA – BULLS IN CONTROL
FEAR & GREED INDEX AT 73 – MARKET IN GREED ZONE
Bitcoin is trading around $109,688.53, boasting a massive $2.17T market cap, cementing its place as the king of crypto. A solid 1.76% weekly gain signals institutional confidence, backed by ETF inflows and rising support from U.S. regulators proposing a Strategic Bitcoin Reserve.
Technically, BTC is holding strong above the 50-day EMA ($103,709), reinforcing a neutral-to-bullish trend. Sentiment is leaning optimistic, with the Fear & Greed Index at 73 – greed is back, but caution is key.
However, potential downside targets like $74,000 loom if macro pressures escalate or liquidity tightens. Still, the post-halving supply shock and increasing adoption paint a bullish long-term picture, with 2025 targets between $100K–$180K.
Bitcoin’s trajectory is upward – but it’s no smooth ride.