Bitcoin: Supported By News In The Short-Term
News:
Senator Lummis commentes: Bill to buy $1M bitcoin hits Senate floor next week
"President Trump supports the bill".
The Senate will shift focus to creating a Strategic Bitcoin Reserve after the stablecoin vote
Technical Analysis:
BTC is in a strong bullish trend and also above a very strong structure zone located between 107K and 108.5K
The chances are that the news and the current price zone could push BTC up again in the short term to complete a larger pattern which may expand more.
I am looking only for a short-term movement with targets 110345 and 111300
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️