Here is a fresh update on Bitcoin ( $BTC ) 🟠📈:

📰 Current Situation of Bitcoin (BTC)

- Current price: Approximately 108,000 USD

- Daily change: Slight decline, with fluctuations between $107,700 and $108,500 in the last few hours

- Trend: The price recently touched $109,000 but then slightly corrected, reflecting a cautious sentiment among investors

📊 Market Factors

- US Inflation: The rise in inflation has generated uncertainty, negatively impacting risk appetite

- Fed and monetary policy: Investors remain on the lookout for clearer signals from the Federal Reserve, which could impact the demand for assets like Bitcoin

🏦 Institutional Movements

- Metaplanet Inc. (Japan) has recently purchased an additional 1,005 BTC, bringing its total reserves to 13,350 Bitcoin, a sign of growing institutional confidence

🔮 **Outlook

- Short term: Possible consolidation between $106,000 and $109,000, awaiting new macroeconomic data

- Medium to long term: Institutional interest and growing adoption continue to support a bullish outlook, but volatility remains a key factor 📉📈