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$BTC 🚨 Bitcoin Breaks $108,000 — Is This Just the Beginning? On June 29, 2025, at 10:04 AM (UTC), according to Binance Market Data, Bitcoin ($BTC) officially crossed the $108,400 mark, climbing +1% in the past 24 hours. While the daily move appears modest, the psychological significance of the six-figure-plus zone cannot be overstated. Let’s dig into the context, trends, and where this could be headed next. --- 📊 BTC/USDT Snapshot Current Price: $108,400 24H Change: +1% Trading Volume: Steady with rising institutional order flow Sentiment: Neutral to bullish Even with a narrow daily change, the fact that Bitcoin is holding above $108K signals growing stability and strong market confidence — particularly during a period of global macroeconomic uncertainty and geopolitical tension. 🔍 Why This Level Matters Breaking past $108K solidifies BTC’s upward structure and further cements its new role as a macro asset, not just a speculative one. Here’s why it’s significant: 🔹 Institutional Flow Whales and institutions are quietly buying dips, creating a thick demand zone around the $100K–$106K range. 🔹 ETF Capital Rotation Post-spot ETF launches have triggered ongoing rebalancing, with more funds steadily increasing BTC exposure — particularly in retirement and index portfolios. 🔹 Dollar Weakness Global uncertainty and a weakening USD are nudging investors toward non-sovereign stores of value, and Bitcoin continues to shine as a hedge. --- 🧠 Market Insight: Momentum Building, Not Blasting Though we didn’t see an explosive candle, this slow grind higher is often more sustainable than parabolic pumps. It signals: Healthy consolidation Fewer speculative longs Potential for a slow bullish crawl into higher resistance zones > 📌 If BTC stays above $106,000 this week, expect $110K–$112K to be tested next. $BTC $BTC #Bitcoin #btc108k #CryptoNews #Web3
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