$BTC 🚀 $BTC – Bull Market in Motion? 🚀
Here’s the latest on Bitcoin’s trajectory and what it could mean for your strategy:
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📈 Current Price & Technicals
Trading around $108,900 USD, bouncing between intraday highs of ~$109,574 and lows near$107,846
Broke past $108,355 support, RSI ~58 with MACD bullish crossover—momentum points to highs near $111,980
Key breakout zone sits between $108.7K–$110K—clearing this could trigger a rally to $114K–$115K, possibly stretching to ~$143,000
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🏦 Institutional & On-Chain Drivers
Massive corporate buys: MicroStrategy added $532M), now holds ~597,325 BTC—largest corporate treasury globally
Anticipated strategic govt buys: The U.S. Strategic Bitcoin Reserve Order from March 2025 sees federal BTC reserves—~200k BTC—as a national asset