$BTC

**#BTC Outlook: Bullish or Bearish?**

Bitcoin (BTC) is at a critical juncture, trading around **$105,500–$106,000**, with mixed signals:

### **Bullish Factors**

- **Breakout Potential**: A close above **$106,600** could trigger a rally toward **$115K–$125K**, with **$15B in short liquidations** fueling a squeeze .

- **Institutional Demand**: Firms like MicroStrategy continue accumulating BTC, while ETFs see steady inflows .

- **Golden Cross**: The 50-day MA crossing above the 200-day MA suggests long-term upside .

### **Bearish Risks**

- **Rejection at Resistance**: Failure to hold **$106K** may lead to a drop toward **$97K–$100K** support .

- **RSI Divergence**: Warns of a potential pullback .

**Verdict**: Short-term consolidation, but bullish momentum likely prevails if key resistance breaks. #Bitcoin #CryptoMarkets

(DYOR)