🚀 BTC Bullish Momentum Continues – May 18, 2025
BTC is demonstrating strong bullish momentum today, trading around $103,500. The price remains above the March,April downtrend breakout, indicating sustained upward movement.
The CryptoQuant Bull-Bear Indicator has flipped bullish, suggesting a potential rally as market interest grows.
Additionally, over $5 billion has flowed into U.S listed spot Bitcoin ETFs, driven by strategic bullish bets.
Technical analysis shows Bitcoin approaching the $105,000 resistance level, a historical rejection zone.
The Fear & Greed Index stands at 71 (Greed), reflecting strong market optimism.
