$BTC Bitcoin ($BTC) maintains its strength above $101,000, consolidating a key support that many analysts see as a precursor to a possible breakout towards $106,000. Flows into spot ETFs continue to break records, exceeding $15 billion so far this year, reflecting institutional appetite for BTC as a hedge and safe haven.
Additionally, on-chain data shows that whales continue to accumulate, while reserves on exchanges fall to multi-year lows, reducing selling pressure.
With the 2025 halving drawing closer, BTC may be preparing the ground for a new bullish cycle.