Bitcoin/Tether
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DeGRAM | BTCUSD reached the support level

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📊 Technical Analysis
● BTCUSD has bounced from confluence support at 112.3k–114.8k, reclaiming the ascending support line and validating the lower boundary of the rising triangle.
● Price action suggests a bullish continuation setup with targets at 119.9k and extension to the upper resistance near 122.5k–125k.

💡 Fundamental Analysis
● US labor data slowdown and dovish Fed commentary have pulled real yields lower, boosting crypto demand.
● Glassnode reports ongoing whale accumulation and rising stablecoin inflows, signaling positive capital rotation into BTC.

Summary
Long above 114.8k. Targets 119.9k → 122.5k+. Setup invalidated on a break below 112.3k support.

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