$BTC Bitcoin (BTC) is trading at approximately *96,234*, reflecting a slight dip of 0.5% from the previous close. Despite this minor pullback, BTC has recently surpassed the 97,000 mark, indicating strong bullish momentum. [1]

A significant factor contributing to this upward trend is the substantial net inflow of674.9 million into Bitcoin ETFs, led by BlackRock's IBIT fund. [2] This surge in institutional investment underscores growing confidence in Bitcoin's long-term value.

Analysts are closely watching the 100,000 psychological barrier, with some predicting that long-term holders may begin to realize profits near this level, potentially introducing increased sell pressure. [3] Nevertheless, the overall market sentiment remains optimistic, buoyed by strong ETF inflows and positive technical indicators.

For traders and investors, theBTC/USDT pair on Binance continues to be a focal point, offering insights into market dynamics and potential breakout opportunities.