🚀 $BTC Breaking Boundaries at ~$108.8K! 🚀
Today’s action: Bitcoin is consolidating just under recent resistance, with highs near 109K and eyes now on the magic 112K–120K zone 🧭 .
What’s fueling the momentum:
Massive institutional inflows via ETFs—over 14B YTD, with daily fund activity pushing BTC toward all-time highs .
Macro tailwinds: U.S. strategic Bitcoin reserves and regulatory clarity (like the GENIUS Act) keep confidence growing .
Corporate gold rush: Firms like Metaplanet are stockpiling BTC, reinforcing its narrative as inflation hedge and digital gold .
Technical snapshot:
The Mayer Multiple suggests BTC remains undervalued relative to past bull cycles .
Momentum remains bullish—but major resistance at 112K means the next breakout could flash 🔥.