$BTC

It's going to the moon 🌙

The price of Bitcoin has risen in the past few days, reaching levels between $109,000 and $110,000, nearing its all-time high of about $111,970 on May 22, 2025.

Current news indicates a "stable upward trend" supported by positive economic data from the United States, and strong inflows from institutional Bitcoin funds towards spot ETFs.

Technical analyses suggest a "buy signal" as the price remains above the 50-day moving average and reflects a "golden cross" pattern in some technical indicators such as MACD and the Relative Strength Index (RSI).

Note: Despite the upward momentum, there are signs of a slight correction during the day, as the price of Bitcoin has decreased by about 1.2% from its session highs.