100% of Bitcoin Addresses in Profit, What's Next for BTC's Price?

Although the firm paused its BTC purchases for this week, it has unveiled a new funding push to stack more BTC soon. The spot Bitcoin ETF market is also seeing intense adoption, with BlackRock’s IBIT leading the inflow. Complemented by broader retail participation, the expectation among crypto market investors is for the Bitcoin price to soar as high as $120,000 in the long term. With current ecosystem demand surpassing supply, attaining this milestone appears feasible for the Bitcoin price.

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