🔎Latest news about $BTC

🛡️ Institutional Adoption and ETFs: According to Farside Investors, the inflows into spot Bitcoin ETFs continue to be strong. Large corporations and pension funds are beginning to allocate a small portion of their portfolios to BTC, validating it as a macro asset.

💡 Impact of the Halving: The market continues to operate under the effects of the halving of the block reward. With a reduced issuance of new BTC, the supply and demand dynamics, according to Glassnode, are extremely favorable if demand remains or increases.

📈 Technical Analysis: The price of $123,743 with "Rapid Rise" confirms that Bitcoin is in a price discovery phase. Analysis from Bloomberg indicates that, without historical resistances, targets are based on Fibonacci extensions and psychological levels such as $125,000 and $150,000.

📊 Layer 2 Development (Layer 2s): Projects like Stacks and the Lightning network are gaining traction, expanding Bitcoin's utility beyond a simple store of value. According to The Block, the growth of L2s is one of the most important narratives for the future of BTC.

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