$BTC Bitcoin has recently shown resilience, trading around $105,000 despite geopolitical tensions. While it dipped slightly, it remains above the crucial $100,000 threshold. Institutional interest continues to grow, with Bitcoin spot ETFs seeing significant inflows, snapping a two-week outflow streak. Many companies are also increasing their Bitcoin treasury holdings. Regulatory clarity, particularly in Europe, and positive sentiment from various analysts suggest a potential bullish trend for Bitcoin, with some predictions eyeing significantly higher price targets if current momentum holds and geopolitical headwinds ease. However, some technical indicators suggest a potential for downward correction.
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