#BTCvsMarkets The price of Bitcoin continued to rise, increasing from $76,000 to $93,500, overcoming key resistance levels. Now its market capitalization has exceeded $1.8 trillion, which is more than Google's ($1.7 trillion). However, further growth is hindered by strong resistance in the $95,000 zone, where large investors are taking profits.

Analysts link the BTC surge to several factors:

- **Approval of ETH-ETF** – U.S. regulators may soon allow exchange-traded funds on Ethereum, which has increased interest in the cryptocurrency market.

- **Institutional demand** – hedge funds and corporations are actively accumulating Bitcoin, expecting its price to rise to $100,000.

- **Macroeconomics** – weak inflation data in the U.S. has increased demand for BTC as a safe-haven asset.

If Bitcoin consolidates above $95,000, the next target will be $100,000. However, a correction to $85,000–$88,000 is possible if selling pressure increases. So far, the market remains optimistic, but volatility may sharply increase against news from the SEC or the Federal Reserve. At the same time, there is a possibility of a correction after the rapid rise of Bitcoin, as traders will certainly take profits, and miners are currently in good profit and will definitely start taking profits. Let's see if Bitcoin can hold its price.