Bitcoin Hits $110K โ Will U.S. Inflation Data Spark the Next Rally?
๐ Post Caption:
$BTC Bitcoin just touched $110,500, pushing close to its previous all-time high. But the real question is:
๐ Will the upcoming U.S. inflation data keep this rally alive or crash the party?
Hereโs what you need to know:
$BTC surged today amid growing ETF inflows.
Key resistance sits near $112K โ a breakout or rejection zone?
U.S. CPI data expected soon โ a bullish or bearish catalyst?
๐ Technical snapshot:
Support: $110K
Resistance: $112K
Trend: Bullish with caution โ ๏ธ
๐ฌ
What do you expect after the inflation report?
โ Bullish rally continues
โ๏ธ Sideways
๐ป Sharp correction
๐ Drop your thoughts in the comments
