#Write2Earn! Key trends of the day
Institutional momentum
Over 50 billion USD in flows towards Bitcoin ETFs; this is expected to reduce volatility and consolidate BTC as a strategic asset.
The GENIUS Act legislation and a more friendly regulatory environment in the U.S. reinforce institutional participation coinmarketcap.com+1investors.com+1.
Technical: resistance and support
BTC recently broke the key resistance at 109,000 USD, and now faces a new level at 110,000–112,000 USD financemagnates.com+15fxstreet.es+15beincrypto.com+15.
Reaching and surpassing 110–114,000 USD could open the door to a rally of up to +25% towards 143,000 USD, according to analysts businessinsider.com.
Chart interpretation
The price has broken above the downward line, consolidating between 109,000–110,000 USD, which suggests a positive technical momentum environment fxstreet.es.
Indicators such as RSI (≈53–56) and contraction of Bollinger Bands profile a turning point, with the possible next range of 110,000–114,000 USD.
In summary, the technical and macroeconomic scenario is favorable, with Bitcoin showing signs of strong bullish breakout. However, consolidation is still necessary to confirm the trend.
