$BTC Bitcoin is back in the spotlight. After going through a boring consolidation period, the price of BTC is now aggressively approaching the psychological level of $110,000. This increase is not happening without reason — the influx of institutional funds, the development of crypto ETFs, and the easing of US-China trade tensions have all become the main catalysts driving this movement.

Technically, Bitcoin is forming a 'golden cross' where the 50-day moving average crosses the 200-day moving average from below — a bullish signal that last appeared before the major rally at the end of 2020. Strong support is seen in the $105,000–106,500 area, which is now becoming an accumulation point for market participants. If this level holds, the path to $120,000 to $150,000 is wide open.

However, euphoria must be balanced with caution. The weekly RSI shows potential negative divergence, signaling that momentum may start to weaken. As always in the crypto market, what rises quickly can fall faster. A correction to the $100,000 area is not an impossible scenario if selling pressure increases.

Bitcoin is currently caught between the narrative of institutionalization and market cycles. It is becoming increasingly 'serious' in the eyes of mainstream investors, but remains wild for those who disregard volatility. In that context, BTC is not just a speculative tool, but also a reflection of tension and hope in the ever-changing new global financial system.