$BTC

Bitcoin Eyes $106K Breakout as Momentum Builds!

📈💥 April 29 – PANews

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