#Bitcoin❗ price is holding above key moving averages, especially the 50 EMA, which continues to act as dynamic support. Additionally, the gradual steepening of the EMAs indicates a robust trend and sets the stage for further gains if bullish sentiment persists.
However, RSI is in overbought zone and recent trading volume has been declining, which could lead to a pullback. A return to the $95,000-$96,000 range remains consistent with the strong uptrend.
The long-term bullish momentum is supported by institutional interest and inflation concerns.