BrazilNex Trader’s Guide: Bitcoin Approaches $110K – Key Trends to Watch 🚀

BrazilNex Traders Guide Bitcoin’s Push to $110K – Key Trends<br /><br />[Bitcoin’s Rally]<br />(BTC chart rising toward $108.5K, 3% below ATH)<br />"Bitcoin surged 3.5% this weekend, nearing its $111,965 peak. Traders eye $110K as the next critical test."<br /><br />[Market Sentiment]<br />*(Futures data, 4:1 long/short ratio)*<br />"Futures premiums at 5% show cautious optimism—bullish but not overextended."<br /><br />[Macro & Correlation]<br />(BTC & S&P 500 moving together)<br />"82% tied to the S&P 500, Bitcoin mirrors risk assets, not just inflation hedging."<br /><br />[Brazil’s Opportunity]<br />(BRL vs. BTC flows)<br />"With traditional markets shaky, Brazilian traders see asymmetric potential in BTC’s $1.1T market."<br /><br />[Outlook]<br />(Key support/resistance levels)<br />"A breakout could accelerate gains, but recession risks linger. BrazilNex monitors both momentum and macro shifts."<br /><br />https://www.brnzg.com/<br />https://x.com/BrazilNex<br />https://www.facebook.com/BrazilNex/<br />https://www.instagram.com/brazilnex/<br />https://medium.com/@BrazilNex