DeGRAM | BTCUSD correction from the 110k level📊 Technical Analysis
● Price has reclaimed the rising-channel median at ≈106.8 k and immediately made a higher-high on expanding volume; hourly RSI also pierced its two-week bear trend, flagging fresh upside energy.
● An ascending triangle is forming between 107 k support and a 109.5 k ceiling; its measured move coincides with the red supply/upper rail at 111.6-112 k.
💡 Fundamental Analysis
● Softer US PPI (-0.1 % m/m) dragged real 2-yr yields to one-month lows, easing dollar pressure, while spot-ETF desks soaked up another ≈4 600 BTC this week, signalling renewed institutional demand.
✨ Summary
Stay long above 107 k; triangle break over 109.5 k unlocks 111.6 k then 115 k. Long view invalidated on a 4 h close beneath 103 k.
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