$BTC 📈 Current Situation with Bitcoin

• Price: around $105,500 — recently Bitcoin broke the $100,000 mark and is holding above it .

• Trend: a 'golden cross' has formed (50-day moving average crossed above the 200-day moving average) — this is a classic long-term bullish signal . Historically, after short pullbacks (~8‑10%) movements of +60% follow within 1–2 months .

• Technical levels:

• Support – around $94,700 (200-day SMA) .

• Targets for 2025 – range $150,000–$200,000, some models even see a pattern up to $300,000 (Scott Melker) .

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🌐 Fundamental drivers

• Involvement of major players and institutions:

• U.S. Spot ETF surge in interest from BlackRock, Fidelity, MicroStrategy, and others  .

• Thousands of companies (80+) hold Bitcoin in their reserves, and institutional demand continues to grow.

• Regulatory favor in the U.S.:

• The Trump administration signed an Executive Order to create a Strategic U.S. Bitcoin Reserve (around 200,000 BTC confiscation and others) .

• A series of changes in the SEC, OCC, and FDIC weaken regulatory control, including the suspension of lawsuits and openness to crypto for banks .

• Politics and geo-aspects:

• News from the Bitcoin Conference 2025: political integration, pro-Trump sentiment