Summary of the image: The 1-hour chart shows a slight recovery from $108,400 to $108,950, with the Bollinger Bands contracted, positive MACD, and RSI in neutral zone. This suggests consolidation before a possible new bullish push if it stays above $108,300.
📰 Updated news supporting the chart's outlook:
This week, $BTC trades sideways between $105,900 and $110,000, with modest momentum (+0.4%) as the rally stalls due to a lack of a strong catalyst.
Trump Media announced a 'Blue Chip' ETF with 70% $BTC , marking a strong institutional signal as they plan to launch the fund in 2025.
Additionally, 'Crypto Week' has been confirmed in the U.S. Congress, where there is full attention on regulatory stability and institutional structures.
This news reflects serious capital inflow, institutional backing, and contained price movement, exactly what we see reflected in the chart: consolidation ready for a new push.
🔍 Technical interpretation from NómadaCripto
1. Key support zone: $108,300–$108,400 acts as a strong floor. If maintained, it's a sign of a base for the next bullish leg.
2. Bollinger contraction + neutral MACD: such periods often precede clean breakouts; in this case, in favor of the bulls.
3. Favorable macro context: political and regulatory backing strengthens the future outlook.
🎯 Suggested strategy
Stepped entries: open small positions above $108,500, with a stop loss below $108,300.
Risk management: partial profit-taking between $110,000–$111,000.
Active monitoring: observe reactions to news about ETFs and regulations.
🌟 Conclusion
$BTC is in a phase of technical stabilization, while fundamental news focuses the attention of institutional capital. The $108,300–$108,400 zone is critical: if defended, we could see a new upward wave. It is not a time to take risks, but to stay alert.
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