🚀 Why it’s surging: Massive inflows into spot Bitcoin ETFs are flooding the market—over $1 billion recently—while institutional & corporate buyers (like MicroStrategy and others) are stacking BTC

📈 Technical boost: A major short squeeze wiped out more than $1 billion in short positions, accelerating the rally MarketWatch.

🏛 Macro tailwinds: Optimistic signals—like expected Fed rate cuts, dollar weakness, Trump’s pro-crypto policies (including a U.S. Bitcoin reserve), and on-chain accumulation—are reinforcing bullish sentiment Coinpedia Fintech #BTC走势分析 #crpto #trandingtopic101 #crptonews

Next stop?

Near-term resistance lies around $120K–$128K, with support near $113K–$116K pmc.ncbi.nlm.nih.gov+15Coinpedia Fintech

If ETF inflows and macro support continue, analysts see a path toward $130K–$140K later this year$BTC

BTCUSDT

Perp

86,165.1

-6.90%