Bitcoin’s Golden Cross Signals Strength as Buyers Seek to Push Past $111,950

Bitcoin prices remain strong above $104,500 after a significant bullish signal from the Golden Cross. The combination of consolidation and potential for further gains suggests that buyers are in control, though whether they can push past $111,950 remains to be seen. Analysts attribute this rise to expanding DeFi applications and increased institutional interest. While volume clusters suggest buyer dominance between $104,500 and $107,000, the upcoming resistance near $111,950 will test short-term breakout potential.