Bitcoin (BTC/USD) - Bullish Momentum Strengthens After Key News

Bitcoin (BTC/USD) has surged in response to fundamental news regarding U.S. crypto policy, sparking strong bullish momentum. The breakout from the support zone and trendline confirmation indicate a potential rally toward key resistance levels.

Technical Analysis:
✅ Strong Support at $85,800: BTC found buying interest at this level, forming a higher low and continuing its uptrend.
✅ Breakout Confirmation: Price has broken past the $92,267 buy entry level, signaling bullish continuation.
✅ Key Resistance Zone: The $106,137 level is a major target, aligning with previous price rejections.
✅ Trendline Support: BTC remains above the ascending trendline, reinforcing the uptrend structure.

Trade Setup:
🔹 Buy Entry: $92,679 (Active trade)
🔹 Target: $106,000 (Resistance Zone)
🔹 Stop Loss: Below $85,801 (Support Level)
🔹 Risk/Reward Ratio: Favorable for bullish positions

Fundamental Catalyst:
🔥 Crypto Policy Announcement: A pro-crypto stance by former U.S. President Donald Trump has fueled positive sentiment, driving Bitcoin higher.
🔥 Institutional Interest: The growing adoption of Bitcoin by institutions and the potential impact of government policy changes are adding upward pressure.
🔥 Macroeconomic Impact: Federal Reserve policies and economic conditions will influence further price movements.

Conclusion:
Bitcoin is showing strong bullish momentum, backed by both technical breakouts and fundamental catalysts. If the price sustains above the buy entry zone, a move toward $106,137 is likely. Traders should monitor price action for trend continuation or possible pullbacks.

📌 Bitcoin rally in progress! Manage risk and watch key resistance levels for breakout confirmation! 🚀