#Bitcoin Price Forecast: $BTC eyes 99,000$-$100,000 amid Arizona Reserve plans, corporate demand, ETF inflows
Bitcoin (BTC) price is stabilizing around $95,000 at the time of
writing on Tuesday, and a breakout suggests a rally toward $100,000. The
institutional and corporate demand supports a bullish thesis, as US
spot Exchange Traded Funds (ETFs) recorded an inflow of $591.29 million
on Monday, continuing the trend since April 17. Moreover, MicroStrategy
(MSTR) announced that it had acquired 15,355 BTC for $1.42 billion, and
the US state of Arizona passed a bill that allows the state treasurer
and retirement system to invest up to 10% of available funds in digital
assets, specifically BTC.
