Market Pulse: Bitcoin Testing Critical Level đš
After a strong week, $BTC is currently consolidating around $108,000 - $109,000 zone.
Key Observations:
âą Holding above the 50-day EMA
âą RSI showing neutral momentum
âą Institutional inflows remain strong
My Analysis:
If $BTC breaks and holds above $110,000, we could see $115Kâ$118K quickly. Rejection might take it back to $104,000 support.
Whatâs your view? Will $BTC break out this week? đ
After a strong week, $BTC is currently consolidating around $108,000 - $109,000 zone.
Key Observations:
âą Holding above the 50-day EMA
âą RSI showing neutral momentum
âą Institutional inflows remain strong
My Analysis:
If $BTC breaks and holds above $110,000, we could see $115Kâ$118K quickly. Rejection might take it back to $104,000 support.
Whatâs your view? Will $BTC break out this week? đ
