$BTC
$BTC Stay Strong, Institutions Keep Entering
Bitcoin ($BTC) shows strength by remaining stable above the key support level of $105,000, currently trading in the range of $106,600.
The main push comes from solid institutional interest. Purchases by major companies like Metaplanet and strong inflows into Bitcoin ETF products are the main fuel for this positive sentiment.
Technically, $BTC is now eyeing the previous all-time high around $112,000 as the next resistance level. The market remains cautious, awaiting new economic data that could impact price movements. Sentiment overall remains optimistic, with strong support as a foundation.