#ShareYourThoughtOnBTC
📈 #BTC Bullish Sentiment: Bitcoin Eyes New Highs Amid Institutional Surge
Bitcoin has surged past $100,000, hitting an intraday high of $104,600 on growing institutional interest and macroeconomic tailwinds.
Binance CEO Richard Teng attributes the rally to heavy inflows into spot Bitcoin ETFs and big buys from firms like MicroStrategy, which acquired 13,390 BTC for $1.34B.
Bullish signals are flashing: the Bitcoin Bull Market Index jumped from 20 to 80, and a bullish MACD crossover indicates more upside ahead.
Analysts now forecast Bitcoin could test $120,000 this quarter. As momentum builds, investors should stay informed and ready for new opportunities in this evolving crypto landscape.
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