#BinanceTurns8 🚀 Bitcoin Eyes $150K as Whales Accumulate and Musk Fuels Bullish Momentum
Bitcoin is trading around $108,955 as optimism returns to the crypto market. Elon Musk's recent endorsement of a pro-Bitcoin political stance has boosted investor confidence. Meanwhile, Japan’s Metaplanet acquired 2,204 BTC, raising its total to 15,555 BTC—now exceeding Tesla’s holdings.
On the technical front, Bitcoin is maintaining support above $108,146. A breakout beyond $108,941 could pave the way toward $110,561. Notably, over 80% of BTC supply is held by long-term investors, strengthening the bullish outlook.
Analysts suggest that political support and institutional buying may propel Bitcoin toward the $150,000 milestone.$BNB