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RLinda

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BITCOIN - Bullish trend⁠. The hunt for liquidity ahead of a rally BTCUSDT.P, 60 BINANCE⁠:BTCUSDT⁠.P is trading within the range of 79,500–82,800⁠. The trend is bullish; the price continues to maintain this momentum and test the 200-day moving average, a breakout of which could strengthen the trend—though this will require patience⁠.⁠.⁠. May began with a strong institutional inflow⁠: in the first 10 days of May, spot ETFs attracted over $1⁠.25 billion, marking the sixth consecutive week of net capital inflows⁠. The movement was spurred by progress on the CLARITY Act—the main legislative initiative to regulate digital assets in the U⁠.S⁠. Bitcoin maintains a bullish trend⁠. A long squeeze of the key support zone at 79,500 is bringing the price back into a range where a local bullish structure is being confirmed⁠. Locally, Bitcoin is attempting to close the imbalance zone and test the liquidity zone before rising⁠.. Resistance levels⁠: 82,000, 82,460, 82,830 Support levels⁠: 80,220, 79,960, 79,500 A retest of support, a liquidity capture, and the bulls holding the price above 80K could become the next technical driver for growth Best Regards, R⁠. Linda!

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