Bitcoin Surpasses $110,000 and Consolidates New Bull Phase
Bitcoin (BTC) has surpassed the mark of $110,000, consolidating a strategic technical level that reinforces the upward trend. This movement is supported by a consistent increase in trading volume and strong institutional inflow, highlighting the robustness of demand.
From a graphical perspective, the breakout of the psychological level of $110k unlocks a new liquidity zone, signaling that major players are repricing the asset upwards. The 21 and 50-day exponential moving averages (EMAs) continue to trend upwards, with significant support now in the range of $105,000. The RSI remains in healthy territory, showing no signs of buyer exhaustion, suggesting room for additional gains.
In addition to the technical scenario, the macroeconomic context – with reduced inflation and greater institutional adoption – enhances the attractiveness of BTC as a global store of value. For the investor focused on the medium to long term, the moment is favorable for additional allocations, taking advantage of the confirmation of the trend and the potential for new historical highs.