This week has been quite dynamic for Bitcoin (BTC). Here's a breakdown of what's been happening:

Price Performance:

* Strong Gains: Bitcoin has experienced a significant upward trend this week. Most sources indicate a gain of around 7-8% compared to last week's prices.

* Breaking $100,000: BTC successfully broke through the $100,000 mark, reaching its highest levels since late January 2025. It even touched highs around $104,000.

* Current Levels: As of today, Saturday, May 10, 2025, BTC is trading around $103,000 - $103,800.

* 24-Hour Movement: In the last 24 hours, the price has shown a slight increase of around 0.7-1%.

Market Analysis:

* Bullish Sentiment: Overall market sentiment surrounding Bitcoin appears to be bullish, with a significant percentage of tweets and analyses expressing positive outlooks.

* ETF Inflows: Bitcoin exchange-traded funds (ETFs) have seen record surges in inflows, outperforming gold ETFs. This indicates strong institutional demand.

* Corporate Accumulation: Companies continue to add Bitcoin to their holdings, signaling growing acceptance as a strategic asset.

* Technical Indicators: Technical analysis suggests bullish momentum, with indicators like the Moving Average Convergence Divergence (MACD) showing buy signals. Some analysts predict a potential push towards $105,000.

* Whale Activity: There was a report of a significant short position opened by a whale, but also buy limit orders at lower levels, suggesting potential accumulation interest.

News Highlights:

* Bitcoin ETFs Surge: The record inflows into Bitcoin ETFs are a major highlight, demonstrating strong investor interest.

* US-UK Trade Agreement: A trade agreement between the US and the UK has contributed to a broader "risk-on" sentiment in the market, positively impacting Bitcoin.

* Potential China Meeting: Anticipation of a meeting with China is also contributing to the positive market sentiment.

* Standard Chartered Analyst: An analyst from Standard Chartered suggests that the $120,000 Bitcoin target might be too low.

* Robert Kiyosaki's Endorsement: Robert Kiyosaki reiterated his stance, advising investors to ditch "fake money" for Bitcoin, gold, and silver.

* Coinbase Futures: Coinbase launched 24/7 trading for Bitcoin and Ethereum futures in the U.S., marking a significant milestone.

Overall:

This week has been a strong one for Bitcoin, marked by significant price gains, positive market sentiment fueled by institutional interest and macroeconomic factors, and bullish technical indicators. The突破 of the $100,000 level is a significant psychological milestone, and analysts are optimistic about further potential upside in the near term.

$BTC