Bitcoin Eyes $106K Breakout as Momentum Builds!
📈💥 April 29 – PA News
According to Matrixport analysis, Bitcoin (BTC) is powering up and approaching a key resistance level at $106,000! 🚀 Since March 24, BTC has been battling to break above a descending trendline around $85,712. One month later, the bulls are back with stronger momentum! 🔥
If BTC successfully smashes through this resistance, it could skyrocket past $106K — setting the stage for a new wave of gains! 💸✨
Key drivers behind this bullish trend include:
📊 Continued strength in the U.S. stock market
🇺🇸 Trump signaling more accommodative tariffs
🪙 Rising stablecoin inflows
🧊 Warming ETF fund inflows
With the market structure turning increasingly bullish, all signs point to a potential breakout! Stay tuned — the crypto ride is heating up! ⚡️🤑
