##ShareYourThoughtOnBTC

🟢 Bullish Factors

Close to all-time highs: BTC is trading near $109k, less than 3% below its peak (~$112k) .

Institutional inflows: Over $14 billion has flowed into Bitcoin ETFs YTD, reflecting growing demand from big investors .

Macro tailwinds: Weakening U.S. dollar, trade tariff uncertainty, and expectations of Fed rate cuts all support the risk-on rally .

On‑chain and sentiment indices are strongly positive—fear-and-greed indicators in “greed”, social sentiment hitting highs not seen since May .

🛑 Bearish Signals

Sideways consolidation: BTC has hovered in the $108k–$110k range for over a month, eroding long-term bullish sentiment in options markets .

Light profit-taking: Dormant wallets have begun moving older BTC (~7–14+ years), which might indicate holders taking profits .

Technical resistance: A bearish engulfing pattern below $108.8k and pressure at $110k suggest hesitation; a “false move” down to $105k could trap short-term bullish bets .

📊 Verdict: Mildly Bullish with Caution

Short-term tone: Bullish. The momentum is positive with institutional backing, macro uncertainty, and solid price action.

Mid/long-term watchers: Mixed. The consolidation phase, profit-taking signals, and technical resistance argue for caution. A breakout above $114k–$115k would strengthen the bull case, while a drop to $105k may test

1. Breakout levels: Push above ~$110k and especially ~$114k could trigger a 20–25% rally .

2. Support tests: A dip toward $105k—especially if near the 50-day moving average—could present a buying opportunity .

3. ETF inflows: Continued institutional purchases will sustain upside momentum and reinforce bullish sentiment

Overall, Bitcoin is moderately bullish today but facing key technical resistance and profit-taking pressures. A defined breakout above $110k–$114k would confirm stronger bullish momentum, while a dip could test the sentiment resolve.