#BTC🔥🔥🔥🔥🔥 #USDT。 Bitcoin: Historic Bullish Movement towards $106,000

Bitcoin (BTC) has reached a new all-time high by surpassing the $106,000 barrier, a level that marks a milestone in the cryptocurrency market. This movement has been driven by a combination of technical, fundamental, and macroeconomic factors.

Key Factors Driving the Movement

Institutional Adoption

Large investment funds and companies have continued to accumulate BTC as a hedge against inflation and volatility in the traditional market. Spot Bitcoin ETFs have increased institutional interest, attracting an unprecedented flow of capital.

Limited Supply and Growing Demand

The deflationary nature of Bitcoin, with a maximum supply of 21 million, remains a key factor. The upcoming halving has generated speculation about a new supply scarcity, driving the price up.

Dollar Weakness

The loss of value of the US dollar (USD) and global macroeconomic tensions have favored alternative assets such as BTC.

Technical Analysis

Breakthrough of Key Resistances:

Bitcoin broke the psychological resistance of $100,000, which unleashed a wave of impulsive buying and short position liquidations.

Levels to Watch:

Real Resistance: $106,000. Next Target: Projection towards $110,000 - $120,000 if momentum is maintained. Key Support: Pullbacks towards $100,000 will be accumulation zones for new buyers.

Technical Indicators:

RSI: At overbought levels, suggesting a possible short-term consolidation. Volume: Significant increase supporting the breakout and bullish movement.

Future Outlook

Bitcoin continues to consolidate its position as "digital gold", attracting both retail and institutional investors. If current conditions persist, BTC could head towards new all-time highs in the coming months, with projections reaching $120,000 - $150,000 in the medium term.