🚀 #Bitcoin Hits New All-Time High of $109K!


$BTC surged to $109,350, defying the broader market downturn, and is currently trading at $107,422. Strong buying pressure could soon push Bitcoin past the $110K milestone.


📊 Bullish Indicators:

*/ Balance of Power (BoP): At 0.75, signaling buyers' dominance.

*/ Spot Inflows: Hit a 30-day high of $316M, confirming strong demand.


⚠️ Price Outlook:

*/ If bullish momentum continues, BTC could break $110K. However, a sell-off might see it drop to $99,800 support.


Trump’s upcoming inauguration and speculation around a Strategic Bitcoin Reserve could add further volatility.

#BitcoinReserve #BTC Price Analysis#

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January 20, 2025 at 9:20 AM
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