The pair $BTC/USDT is at a turning point during #BinanceTurns8. Bitcoin is trading at $108,024, after a 0.8% drop in 24 hours, according to Forbes. The support at $106,500 (200-EMA) holds, while the resistance at $112,700 forms an inverted head and shoulders pattern, according to Cointelegraph. Volume on Binance rose by 38%, with $2.4B in ETF inflows this week, led by BlackRock ($480M daily). The daily RSI at 55 indicates a neutral market, but the MACD shows a bullish divergence, suggesting a possible rally if it surpasses $110,000. Fundamentally, 67 public companies added $1.7B in BTC, according to Bloomberg, and adoption in Venezuela via P2P is growing: $60M weekly in BTC/USDT, according to Binance, driven by hyperinflation (3,200% annual). Venezuelans use P2P to convert bolivars to USDT and then to BTC, seeking stability. For traders, a breakout above $112,700 could lead to $146,892 (pattern target), but a drop below $106,500 would point to $100,000. My strategy: stop-loss at $105,500 and monitor the volume on Binance Square. #BinanceTurns8 boosts trading with $2.88M in prizes; participate with trades of $8. Do you think BTC/USDT will break the ATH in July? Vote and share your analysis. In Venezuela, P2P is key to entering the crypto market. Stay tuned for global inflation data. Join the discussion at #BinanceSquare.