• Positive factors:

◦ Continuation of institutional capital inflows, especially through Bitcoin ETF funds, with $5.3 billion in inflows over the past three weeks.

◦ Increased adoption by major companies like MicroStrategy (which owns over 500,000 Bitcoin) and growing interest from sovereign wealth funds.

◦ Expectations of supportive legislation for cryptocurrencies in the United States that could enhance confidence.

• Negative factors:

◦ Volatility resulting from global economic policies, such as potential tariffs under the Trump administration, could lead to short-term corrections.

◦ Potential regulatory risks, as stringent regulations could impact Bitcoin prices.

◦ Warnings of a potential correction to $78,500 based on technical analysis.