🔍 Bitcoin & Major Market Movements
🚨 Bitcoin ($BTC )
🔹 Bulls failed to push BTC above $100,000, causing a pullback. Key support lies at the uptrend line and $89,213 (20-day EMA).
🔹 Strong bounce? BTC may hit $113,331 and $125,000. Weakness? A slip to $85,000 could be next.
📈 S&P 500 (SPX): New ATH at 6,021 but bears resist further gains. Bulls aim for 6,221–6,500, while a break below 5,906 could trigger corrections.
💵 US Dollar Index (DXY): Resistance at 108 holds. If bulls break through, a rally to 114 could ensue, but losing 105 might deepen corrections.
💬 Are BTC bulls ready to buy the dip, or is a bigger correction in sight?