🚀🟠 Bears $BTC are retreating… and the king advances steadily! 📈🔥
$BTC returns to the spotlight with an irresistible momentum, solidifying its position as the undisputed market leader 👑
The price is now at $116,648.29 (+0.06%), and the technical indicators are flashing green!
🔍 What is happening?
– RSI is stable in the bullish zone
– MACD is approaching a golden cross
– Trading volume is rising with dark green bars 🟢
– Whales are accumulating Bitcoin in cold wallets, and exchange balances are declining 📉🏦
📈 According to market analyses:
– Accumulation by huge institutions like BlackRock and MicroStrategy
– Positive cash flows into Bitcoin ETF funds
– Increase in BTC's dominance over the market, pulling liquidity away from altcoins
📢 The Bonk and Pepecoin communities are adding social fuel
🤖 Bots are picking up the dips, keeping the price tight near resistance
🧠 DeFi and NFT investors are reallocating liquidity towards BTC
⚠️ Technical analysis says:
– General market stability
– Liquidity rotation towards safe assets
– Support pattern + increasing volume = potential breakout
💡 Advice for speculators:
– Monitor trading volume closely
– Don’t chase the price, wait for confirmation
– Patience pays off… if the breakout occurs as expected ⏱️💎
📲 Follow the analyses continuously on channel #CryptoEmad