Good morning☀️

#Bitcoin has surpassed $120,000 and continues to rise rapidly.

Over the past week, there were net inflows of over one billion dollars into ETFs in just two days. It's quite nice that ETF purchases are continuing at full speed even while $BTC is at ATH levels.

It would be great if inflows continue in the same way this week. Looking at other data;

🔹Whale activity is positive (+33)

🔹Long ratios are low

🔹Funding rates are at normal levels

🔹ETF purchases continue

🔹Short liquidations have been cleared

🔹Coinbase has started spot purchases

Technical data still looks extremely positive. We have already explained that after the trend breakout around 80k, we made purchases, the data is positive, and we always have an upward expectation.

After the trend breakout, even Bitcoin spot offered over 40% profit. We had already mentioned months ago that the target price was in the range of $130-150k. We are still tracking this range as a target.

ETH and altcoins will become much better after a volume daily close above $3k. After such a close, we will increase our intensity in altcoins and there will be plenty of altcoin analysis coming, friends.

I wish everyone a wonderful week and abundant profits.