The maximum supply of Bitcoin is capped at 21 million units, which initially imposes constraints on inflation
The value proposition of Bitcoin is based on scarcity, demand, trust, and adoption
Here are the key points about Bitcoin's recent performance
Bitcoin has experienced significant gains over the year, with strong inflows from institutional ETF funds, contributing to broad upward momentum
Investors are watching important resistance levels like ~$113,000–115,000. If it breaks through, it may open the door to higher targets.
Optimistic analyses indicate a high probability of reaching new levels in the coming weeks (some analysts put the probability at 70%)
On the other hand, some analyses warn of potential corrections towards $100,000 if buying power fails to maintain momentum
Institutional demand remains strong, with increasing investments from companies incorporating Bitcoin into their balance sheets.
Financially, academic evidence suggests that Bitcoin is becoming more integrated into traditional financial markets, with a higher correlation with stock indices during certain periods.
In summary, Bitcoin is now at a sensitive stage between institutional investor support and challenges from market volatility and macro factors. The factors affecting Bitcoin's price now and in the future
To understand potential trends, it is important to grasp the factors influencing Bitcoin's price
