๐ Bitcoin (BTC) Update
Bitcoin is currently testing the final resistance levels before breaking through the previous high.
๐ With the U.S. markets opening today, and if support continues from the American market, Bitcoin is expected to continue its upward movement this week.
๐ Institutional buying is ongoing on a daily basis with massive figures, reflecting strong confidence from institutions and major partners.
โ Once the current trendline is broken, the next barrier will be the last support level at 110,000, which is now weak and likely to be breached easily.
โ After that, we are expected to see new highs and strong movements.
โข First target: 120,000
โข Then: 130,000 โ 135,000
๐ Most importantly, this breakout could trigger a shift of liquidity from Bitcoin to altcoinsโฆ which might ignite a very strong bull run across the market.