$Bitcoin(BTC.USD.HKCC)$ Bitcoin is showing serious signs of life. After spending over 7 months coiled under the massive 109K resistance zone, today’s price action could be the spark that ignites the next leg higher. We’re finally seeing BTC wake up with dips under 100k being bought up fast.
A clean hold above 109K opens the door for a swift push toward 130K and it’s not just a crypto story. A move like that would be a broader signal of risk-on appetite returning to markets, potentially dragging $SPX and other equities into new all-time highs.
Macro Tailwinds:
Pro-Crypto Policy Shift: With election momentum building, the Trump campaign continues voicing clear pro-crypto policies. The market structure bill and bipartisan support for stablecoin regulation are bringing long-awaited clarity and with it, sidelined institutional money.
Fresh Institutional Flows: More ETF inflows. More hedge fund positioning. And a $2.5B Bitcoin Reserve plan that signals long-term conviction. This isn’t retail-led, it’s whales and smart money accumulating.
Global Demand Rising: As fiat fears intensify worldwide, BTC’s scarcity and censorship-resistance are becoming more attractive to sovereigns and global macro funds.
Bottom Line:
If BTC confirms this breakout with a strong close above 109K, 130K may come quicker than people think. The coil is unwinding. Momentum is building and ready to be released to new ATHs.
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