The Floor Price for Bitcoin is Now Clear: Experts No Longer Expect Below This Level!

Bitcoin (BTC), despite geopolitical uncertainties and the Fed's cautious stance on interest rates in recent weeks, has solidified its place in investors' minds as the new floor price by exceeding the critical threshold of $100,000.

Especially while the Israel-Iran tension and the recent statements from the U.S. Federal Reserve (Fed) are expected to drag markets sideways, Bitcoin has maintained its strong position by positively diverging from other assets. Elliot Johnson, CEO of Bitcoin Treasury Corporation, stated that investors now accept $100,000 as a permanent floor price beyond just a psychological threshold. Johnson also emphasized that Bitcoin has become an alternative reserve asset to the dollar and has proven its resilience against macro risks.

Institutional Investors' Appetite for Bitcoin

The institutional demand for Bitcoin has reached a peak. Michael Saylor's company, the largest Bitcoin investor in the markets, Strategy, strengthened its position by purchasing $1.05 billion worth of BTC last week. Additionally, it has been reported that $2.4 billion has flowed into spot Bitcoin ETFs managed by large funds like BlackRock (IBIT) and Fidelity (FBTC) in the last eight trading days.

Nic Puckrin, founder of Coin Bureau, said, "$100,000 is no longer just a support point; it has become a fundamental price fixed in investors' minds," and pointed out that with the expected interest rate cuts in the near term, Bitcoin prices could reach new peaks.