$BTC 📈 Key Technical Analyses
🔼 Trend and Formations
Bullish “flag”: BTC broke the upper boundary of the flag, indicating a continuation of the upward trend.
Golden Cross: The 50-day MA crossed above the 200-day MA, increasing the potential for new highs.
🔍 Support and Resistance Levels
Resistance: $112,000 – historical high; potentially up to $120–125,000 (Bitfinex analysts) or even $137,000 (Investopedia analysis).
Support: $107,000–105,000 – key zones for holding — breaking through these could lead to a downward correction to $100,000.
🌐 Background and Influencing Factors
Institutional Demand: ETFs and corporate buying (MicroStrategy, etc.) are fueling the trend — the total assets of ETFs have risen to $132 billion.
Macroeconomics: decreasing inflation in the US, depreciation of the dollar (~9% in 2025), signal a likely decrease in Fed rates, which supports BTC.