#ShareYourThoughtOnBTC Bitcoin (BTC) is exhibiting strong bullish momentum today, trading at $103,277.00, up 0.81% from the previous close. The intraday high reached $105,912.00, with a low of $102,201.00.

This surge is attributed to several factors:

Political Developments: President-elect Donald Trump's anticipated pro-crypto policies, including plans for a strategic Bitcoin reserve and the nomination of crypto-friendly Paul Atkins as SEC Chair, have boosted investor confidence.

Market Sentiment: Positive macroeconomic indicators, such as lower-than-expected core inflation, have improved market sentiment, supporting rallies in both cryptocurrencies and stocks.

Institutional Adoption: Companies like MicroStrategy continue to invest heavily in Bitcoin, reflecting growing institutional interest.

Analysts predict Bitcoin could reach $130,000 by the end of January 2025, with some forecasts extending to $200,000 or even $400,000 within the year, driven by favorable policies and increased institutional adoption.

#CryptoTrading #BTChttps://safu.im/tB7cEWrZ?utm_medium=web_share_copy