📈 BTC/USD – Building Momentum for a Bullish Move
Technical Insight:
BTC is gradually shifting into a bullish structure. After forming a series of higher lows (HL) and breaking above recent lower highs (LH), buyers are showing strength. The price is currently consolidating near a key zone around 119,000, suggesting a potential retest before continuation.
Fundamental Support:
This move is supported by growing institutional demand through ETFs, as well as the ongoing post-halving cycle, which historically favors bullish trends. Expectations of interest rate cuts globally are also pushing investors toward Bitcoin as a hedge.
Outlook:
If the market holds this structure, BTC could continue toward the 121,000–123,000 zone. A healthy pullback and bounce would confirm the trend. Overall bias remains bullish while price holds above support.📈 BTC/USD – Building Momentum for a Bullish Move
Technical Insight:
BTC is gradually shifting into a bullish structure. After forming a series of higher lows (HL) and breaking above recent lower highs (LH), buyers are showing strength. The price is currently consolidating near a key zone around 119,000, suggesting a potential retest before continuation.
Fundamental Support:
This move is supported by growing institutional demand through ETFs, as well as the ongoing post-halving cycle, which historically favors bullish trends. Expectations of interest rate cuts globally are also pushing investors toward Bitcoin as a hedge.
Outlook:
If the market holds this structure, BTC could continue toward the 121,000–123,000 zone. A healthy pullback and bounce would confirm the trend. Overall bias remains bullish while price holds above support.
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