Bitcoin Surges Toward New High as Market Turns Bullish
Bitcoin (BTC) has shown strong bullish momentum in the latest trading sessions, crossing a key resistance level and attracting fresh institutional interest.
The crypto market is seeing renewed confidence as global investors return to digital assets.
On-chain data indicates a rise in long-term holders, reducing selling pressure.
Major exchanges have reported increased spot buying volume.
Whale accumulation is also visible, signaling expectations of further upside.
The recent macroeconomic stability has supported risk assets like Bitcoin.
Analysts believe BTC could test its previous all-time high if momentum continues.
ETF inflows are playing a crucial role in sustaining the rally.
Mining difficulty has reached a new peak, showing strong network security.
Retail traders are re-entering the market after weeks of sideways movement.
Altcoins are also gaining as Bitcoin dominance stabilizes.
The Fear & Greed Index has shifted into the “Greed” zone.
Short liquidations pushed the price higher in the last 24 hours.
Technical indicators show a breakout from a bullish flag pattern.
Overall sentiment remains positive for the coming week.