#BTC

Bitcoin surpasses 100,000$ for the first time – will we see 120K soon?

#BTCtrade #BTCAbove100K #BinanceSquare #MacroMoves

Today, Bitcoin recorded a new historic level, reaching 103,000 – 104,000 dollars, and this event represents a qualitative leap in the crypto market.

Reasons for the rise:

Massive inflows from ETF funds

Easing trade tensions between the US and China

Purchases by large institutions like MetaPlanet for over 1240 BTC

General optimism about the direction of the US Federal Reserve

Brief technical analysis:

Next resistance: 112,000

Important support: 97,500

Daily indicators still support the rise, but a correction is likely before any new explosion.

Will we see BTC at 120K this month?

Share your opinion – do you enter now or wait for a correction?