$BTC

‎The bullish Bitcoin analysis is supported by strong price movements above key support levels, especially around the recent breakout of resistance, which has sparked positive sentiment, as traders monitor higher targets near and beyond. On-chain metrics show increased accumulation by institutional players, indicating long-term confidence. Additionally, the Relative Strength Index (RSI) and moving averages indicate bullish momentum, with the 50-day moving average crossing above the 200-day moving average—often seen as a "golden cross." However, BTC must maintain a level above $30,000 to confirm sustainable bullishness, as a drop below that may indicate the potential for consolidation or correction.