$BTC 🟢 What’s Supporting the Bull Case:
Weekly MACD Bullish Cross: Momentum is turning in favor of buyers on the weekly timeframe—a classic signal of trend reversal or continuation.
Highest Weekly Close Ever: Strong confirmation of bullish strength and sustained demand.
Monthly Close Above December 2024 High: Indicates that previous resistance has turned into support, another bullish sign.
📈 Price Projections:
$130K by July: Ambitious but plausible if momentum sustains and institutional flows continue.
$160K+ by Q4 2024: Would require a sustained macro tailwind (e.g. ETF inflows, dovish Fed, geopolitical uncertainty driving demand).
🧠 Key Watch Points:
Volume and on-chain confirmation.
Reaction at interim resistance (like $100K).
Macroeconomic conditions and Fed rate outlook.
If this trend holds, your targets aren't outlandish—but market timing is always tricky. Would you like a technical chart breakdown or sentiment analysis to support this projection?