$BTC has surged past the $100,000 mark, reaching an intraday high of $101,370—its highest since early February 2025.

Key Factors Driving the Surge:

Institutional Investment: Standard Chartered reported $5.3 billion in inflows into spot Bitcoin ETFs over the past three weeks, indicating strong institutional demand. Business Insider

Macroeconomic Developments: A new trade agreement between the U.S. and the U.K. has eased market volatility, leading to increased investor confidence in risk assets like Bitcoin.

Technical Indicators: Bitcoin's Relative Strength Index (RSI) stands at 78, signaling overbought conditions but sustained bullish momentum.

Investment Outlook:

While Bitcoin's current price reflects strong bullish sentiment, traders should monitor key resistance levels around $105,000. A daily close above this level could signal further upside potential. Conversely, a failure to sustain above $100,000 may lead to short-term corrections.

Given the prevailing macroeconomic factors and technical indicators, Bitcoin presents a compelling investment opportunity for those with a high-risk tolerance and a long-term investment horizon.

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