$BTC Bitcoin proves its position amidst global economic fluctuations
The BTCUSDT pair continues to attract the attention of investors, especially after surpassing the $99,000 level and nearing the psychological barrier of $100,000. This strong performance reflects growing confidence in Bitcoin as a hedge asset amid geopolitical tensions and uncertainty surrounding U.S. Federal Reserve decisions. Additionally, the market is witnessing significant inflows from major financial institutions through spot ETF funds, which boosts demand for BTC. Technically, maintaining the price above $98,000 is considered a positive signal for the continuation of the upward trend, especially if supported by overall market momentum. Bitcoin is preparing for further movements, and eyes are on the weekly close to confirm the breakout of upcoming historical levels.
