$BTC As of now, the Bitcoin (BTC) market is moderately bullish, but with caution.
๐ Reasons for Bullish Sentiment:
BTC holding above $105K โ shows strong demand.
On-chain accumulation โ long-term holders are increasing, reducing circulating supply.
Regulatory clarity from the U.S. (like the stablecoin bill) adds confidence.
โ ๏ธ But Some Bearish Caution:
BTC is still 7% below ATH โ not in breakout mode.
Fedโs hawkish tone can limit upside in short-term.
Altcoins are mixed, showing uneven confidence across crypto.
๐ Conclusion:
The bias is bullish, but not euphoric. If BTC breaks and sustains above $108Kโ$110K with volume, that would confirm strong bullish momentum. Keep watching macro indicators (USD Index, interest rate outlook). #BTC #NewsAboutCrypto #TradingSignals #bullish