$BTC ‎Bitcoin's bullish analysis is supported by strong price action above key support levels, particularly around The recent break of resistance at has triggered positive sentiment, with traders eyeing higher targets near and beyond. On-chain metrics show increased accumulation by institutional players, suggesting long-term confidence. Additionally, the Relative Strength Index (RSI) and Moving Averages indicate upward momentum, with the 50-day moving average crossing above the 200-day MA—often seen as a "golden cross." However, BTC must maintain above $30,000 to confirm sustained bullishness, as a drop below could signal potential consolidation or correction.