#CryptoCharts101

* Positive Price Action: Bitcoin is trading at approximately $109,500 - $109,650, having seen a significant jump in the last 24 hours (around +2.8% to +3.8%) and a consistent climb over the past week and month (up ~2.95% over the last week and ~5.63% over the last month). It's very close to its all-time high of approximately $112,000.

* Fear & Greed Index: The current Crypto Fear & Greed Index is at 64 to 71 (Greed). This indicates that investors are generally optimistic and actively buying, driving the price up. While "Greed" can sometimes precede a correction, for now, it signifies strong positive sentiment.

* Moving Averages: Bitcoin's price is currently well above its short-term and longer-term Exponential Moving Averages (EMAs) and Simple Moving Averages (SMAs). For instance, the 10-period EMA and SMA are significantly below the current price, indicating a strong upward trend.

* Technical Breakouts: Recent analysis suggests Bitcoin has experienced a "breakout from consolidation" on hourly and 4-hour charts, showing a "sudden surge in bullish momentum" and a "V-shaped recovery." This indicates strong buying pressure and confidence.

* Whale Activity: There are reports of large institutional investors ("whales") opening significant long positions on Bitcoin, further fueling the bullish sentiment.