$BTC Bitcoin’s 1‑Month Tech Breakdown: Surge, Signal, or Setback?

Over the past month, Bitcoin rocketed from ~$74K to approximately $105K–$110K, an impressive ~40% rally . It smashed through a long‑running descending channel and remains above both the 50 and 200‑day moving averages—signs of solid bullish control .

📈 Bullish Signals:

A “Golden Cross” on the moving averages indicates institutional strength .

Trading volume surged at breakout points, supported by ETF inflows and treasury buys .

⚠️ Watch‑Outs:

The RSI is creeping toward overbought territory (>70), signaling potential cooling .

MACD divergence and momentum slowdown suggest consolidation near $100K–$105K is possible .

Key Levels to Watch:

Resistance: $110K–$112K (ATH)

Support: $100K psychological zone, then $92K–$95K

🎯 Verdict: Bitcoin’s rally is backed by strong technical and institutional momentum. But overbought signals and overhead resistance hint at a likely pause or pullback before any next leg higher.