BTC continues to show bullish momentum, surpassing the $111,000 mark with a rise of over 3.8% in the last 24 hours. This trend is supported by favorable technical indicators, including a bullish crossover of the MA50 and MA120 moving averages, signaling potential for further upward movement.
Market sentiment remains optimistic, as evidenced by the Crypto Fear & Greed index at 73, indicating strong "greed". Some analysts suggest that if the weekly close remains bullish, the $110,000 threshold could become a new support level, paving the way for new highs. #Bitcoin #BTC #CryptoNews #Binance #CryptoMarket #BullRun #blockchaineconomy #cryptotrading #BTCUSD #HODL #Cryptocurrency #TechnicalAnalysis