$BTC 🚨 Bitcoin Update – Are we heading to new highs? 🚀
📍 BTC is trading at ~$107,425, up +1.77% for the day. It has surpassed key resistances at $106,500 and could open the door to a new bullish rally.
📈 The market is watching:
✔️ Wall Street accepts BTC ETFs as collateral
✔️ Companies have purchased +$11.3B in BTC since April
✔️ Lightning Network reaches Kibera, Kenya 🇰🇪 as a real solution for daily payments
🗳️ On the political front, the U.S. is pushing for a Strategic Bitcoin Reserve, reinforcing the narrative of institutional legitimacy.
🔍 And the risks? Some analysts warn of a possible technical correction to levels between $64K and $100K if momentum is not consolidated.
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🧠 Bull trap or true breakout?
If BTC stays above $106,500 with volume and no rejection… we might be close to seeing a new ATH. But if it loses momentum, prepare for a strong correction.
👇 What do you think?
Are we still going to the moon or is there a cleanup coming before the halving?
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