#BTC110KToday?
Bitcoin is currently trading around 💰103,951.60 USD, with key resistance at 🚀104,364 USD. If this barrier is overcome, BTC could reach 🔥110,000 USD.
🏆 Forecast:
- 📊 Technical analysis suggests a potential breakout if Bitcoin surpasses the mentioned resistance.
- ⏳ Historical patterns indicate that Q4 tends to be a strong period for BTC growth.
- 🏦 Institutional interest is rising – for example, BlackRock's Bitcoin ETF has seen 20 consecutive days of capital inflow.
📰 News:
- 🌏 The Japanese investment firm Metaplanet now holds more BTC than El Salvador.
- 💼 Goldman Sachs increased its holdings in IBIT ETF by 28%, indicating growing confidence from major players.
- 🇺🇸 Trump's policies may impact the market – his election as President of the USA led to a sharp rise in BTC.
🔮 Scenarios:
- 🚀 Bullish scenario: A breakout above 104,364 USD could lead to a rise to 110K.
- 📉 Bearish scenario: If BTC cannot maintain the current level, it may drop below 100K.
