$BTC $BTC

$BTC has increased above $110 K—trading near $110,400—driven by lower inflation data, strong ETF inflows (up to $132 B), and institutional demand following a flag breakout pattern. The technical indicators are bullish: a golden cross and the breakout of a short-term consolidation suggest upward momentum. Key resistance is at the all-time high of May near $112 K; a successful breakout could drive it towards the $137 K target mentioned by analysts. Short-term support is strong around $107 K, with a psychological margin at $100 K. My strategy: I am holding the main position and planning small additions on dips towards $107 K, with a trailing stop if $100 K gives way. With macroeconomic data trending favorably, I am cautiously optimistic—however, managing risk near key technical thresholds remains essential.