#BTC110KToday? Hello Binance community!
Today’s hot topic is the hashtag that is in the #1 spot: #BTC110KToday? and the truth is that the question isn’t as crazy as it seems. Bitcoin has been on a bullish run for weeks, where it has surpassed key resistances, and although it is currently pulling back a bit (-0.16%), the expectation remains alive.
Technical levels indicate $106K as the next area to conquer, and if it breaks with good volume, a move to $110K wouldn’t be too far off. Many see it as a pause before another push. Additionally, with ETFs on the rise, greater institutional interest, and the halving still fresh, there are reasons to be optimistic.
But beware: the market has also been sensitive to global tensions, as shown by the #8 spot with the Israel-Iran conflict, and any news can provoke unexpected turns. So beyond the hype, the ideal is to trade with a cool head, with risk management, and without getting carried away by emotions.
What do you think? Are we reaching 110K today or is there still one more shake before the definitive takeoff?
I’ll read your projections in the comments! 🚀
#BTC110KToday?