$BTC 📊 #Bitcoin today recorded an increase of +1.7% to reach approximately $107,700, after fluctuating between levels of $105,400 and $107,900.
🚀 The main reason for the upward movement is a technical breakout of the "Bull Flag" pattern, which is a known indicator of the potential continuation of the upward trend towards targets that could reach $120,000.
🏦 In the background, institutional demand remains very strong, as investment funds have seen record inflows in recent weeks, boosting investor confidence in the market.
💼 Additionally, whales continue to purchase large amounts of BTC, reflecting a state of accumulation and readiness for a potential upward wave, especially with investors waiting for U.S. interest rate decisions this week.
✍️ In summary:
Bitcoin is confidently moving upward, supported by strong technical signals and increasing institutional demand. If economic markets stabilize, we may witness a genuine breakthrough of the $110,000 level soon.