BTCUSDT Breaks Out — Trend Line Flipped!
My Technical Take:
$BTC is comfortably holding the $91,500 level.
As long as this support stays intact, I’m eyeing targets around $98,000 and potentially $108,000 next.
Current Price: $96,934.18 (+2.18%)
Fundamental Highlights:
US spot ETFs saw another major inflow — $591M on April 28th, capping off a 6-day streak with over $3B coming in.
MicroStrategy just stacked 15,355 $BTC at an average of ~$92,737 — more institutional conviction.
Network security is rock-solid with hashrate hitting a new all-time high of 1 ZH/s.
Bitcoin is flying off exchanges, with balances at their lowest in 7 years — cold storage dominance is real.
DXY is hitting 3-year lows, and bond yields are trending down — macro backdrop is supportive.
Bottom Line: With strong ETF demand, corporate buys, record network strength, low exchange supply, and a fading dollar — the bulls are clearly in control. Holding above $91.5K keeps the door wide open for a move toward $98K–$100K+.
Let me know your thoughts in the comments and drop a like if you're riding the wave too.
As always, trade responsibly!
Cheers,
UKvsCrypto
Stay tuned for more updates!
#BTCRebound #CryptoMarketWatch #BitcoinBreakout #StablecoinPayments