$BTC Bitcoin ($BTC) continues to demonstrate its strength in the crypto market, consolidating levels above $103,000. Analysts highlight that BTC is showing resilient behavior, driven by massive capital inflows from institutional investors through spot ETFs and by a global narrative positioning it as a safe haven against inflation and economic uncertainty.
Moreover, the growing interest in Bitcoin as a decentralized and borderless asset intensifies as macroeconomic events such as trade tensions or aggressive rate policies generate fear in traditional markets.
With the halving scheduled for the first quarter of 2025, many traders believe that Bitcoin could be in the early stages of a new bullish cycle.