Bitcoin is trading within a strong uptrend, supported by key technical indicators. The price has reclaimed the 200-day moving average, a critical long-term support, indicating a potential continuation of bullish momentum. A breakout above the $35,000 resistance zone would confirm a move towards $40,000-$42,000, aligning with Fibonacci extensions. The RSI remains in a healthy range, avoiding overbought conditions, suggesting room for further upside. Volume analysis indicates increased accumulation at current levels, strengthening the case for sustained growth.#BTC Stuck in Range, Can It Break $100K? #PPI & CPI Data Incoming, How Will the Market React? #AI Agent Tokens Bounce: Which Are You Bullish On? #BTC #Bitcoin
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Bitcoin is trading within a strong uptrend, supported by key technical indicators. The price has reclaimed the 200-day moving average, a critical long-term support, indicating a potential continuation of bullish momentum. A breakout above the $35,000 resistance zone would confirm a move towards $40,000-$42,000, aligning with Fibonacci extensions. The RSI remains in a healthy range, avoiding overbought conditions, suggesting room for further upside. Volume analysis indicates increased accumulation at current levels, strengthening the case for sustained growth.#BTC Stuck in Range, Can It Break $100K? #PPI & CPI Data Incoming, How Will the Market React? #AI Agent Tokens Bounce: Which Are You Bullish On? #BTC #Bitcoin