🚀 BTC Holding Above Key Levels
Price action remains steady above $108,500, underscoring resilience—per Binance’s intraday report, as long as it holds, the bullish trend stays intact .
Technicals align: the 50-day MA is sloping up and sitting beneath the price on daily charts, reinforcing support; the 200‑day also trending upward, reflecting a strong medium‑term bullish bias .
🔍 Spotting Bullish Setups
A classic bull‑flag-like consolidation on the 4‑hour is preparing the next breakout push—watch for a rise toward the $111,000 range .
Market sentiment remains cautiously optimistic: Binance’s Fear & Greed Index sits in neutral (around 54), indicating room for further upside without overheating .
> BTC Bullish Outlook ✅
Bitcoin is flexing its strength today—trading just above $109k and comfortably staying above the key $108.5k support. ✅ The 50‑day MA is holding up nicely, and a bull-flag formation hints at a potential breakout toward $111k+ soon. Market sentiment is neutral, offering space for a continued climb. Eyes on that breakout — bulls are still in control! 💹 #Bitcoin #Crypto #Binance
Bottom Line
Strong technical signals and price support above $108.5k point to continued bullish momentum. A breakout above $109k–$111k could spark further upside.