Good morning☀️

#Bitcoin has been continuing its horizontal movement around $108k for about 2 months.

Despite the sideways and low-volume progress, there has been no weakening in the data. Whale activity has been progressing in the 20s averages since the $BTC trend breakout.

The sustained high level of whale activity indicates that despite the sideways movement, the trend is still strong and supports the continuation of the upward movement.

When we look at the global side, both the S&P 500 and Nasdaq are racing to new peaks and refreshing their ATHs. Due to the high correlation and positivity in the technical data, it appears likely that we may see a new ATH attempt on the Bitcoin side as well, friends.

Wishing everyone a wonderful day and abundant profits.