Bitcoin’s current momentum is fueled by positive sentiment surrounding a potential spot ETF approval.
Technical Indicators: BTC’s daily chart shows consolidation near $95K, with critical support at $90K and resistance at $100K. The MACD is turning bullish, signaling further upside.
On-Chain Metrics: Declining exchange reserves and whale accumulation hint at a bullish long-term outlook.
Traders should be prepared for high volatility as BTC approaches uncharted territory.