$BTC Key trends of the day

Institutional momentum

Over 50 billion USD in inflows 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. strengthen institutional participation CCSScoinmarketcap.com+1investors.com+1.

Technical: resistance and support

BTC recently broke through 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 downtrend line, consolidating between 109,000–110,000 USD, which suggests a positive technical momentum environment fxstreet.es.

Indicators like RSI (≈53–56) and Bollinger Bands contraction profile a turning point, with the possible next range of 110,000–114,000 USD.$BTC