$BTC remains above 100k, essential for maintaining high expectations.

Bitcoin continues to show an optimistic momentum, even with recent short-term drops.

After a rebound near US$ 110,400, BTC consolidated above US$ 104,000, staying distant from the critical support at US$ 100,000 which reinforces the macro bullish structure.

This movement is accompanied by the formation of a "golden cross" on the daily chart (50-day moving average crossing above the 200-day), in addition to a breakout in a flag pattern, technical factors that signal the continuation of the bullish trend.

The macro environment still supports this moment. Inflation data below expectations in the US have reduced pressures for a new interest rate hike, reinforcing expectations for cuts as early as 2025.

Moreover, institutional flows remain strong: Bitcoin ETFs hit a record US$ 132 billion in assets under management, with over US$ 45 billion raised since the beginning of the year. This not only supports the price but also provides greater resilience to potential corrections.