"๐ $BTC
Analysis! ๐
Current Price: ~$108,900
Trend: Consolidating between $107K-$110K
Key Levels:
Support: ~$106.4K
Resistance: ~$110.6K-$114K
Short-Term Outlook:
Break above $110K = $115K-$135K! ๐
Fail to hold $107K = potential pullback? ๐ค
Bullish Drivers:
Institutional buying (MicroStrategy's $532M+)
Strong ETF inflows (~$45B/month)
Favorable US crypto regulations
Long-Term Forecast:
$160K-$200K by late 2025? ๐
Risks:
Break below $107K = bearish turn
Macro uncertainty (interest rates, markets)
Potential regulatory shifts