#BTCOutlook Today, December 22, 2024, the price of Bitcoin is consolidating above $$ 100,000, after reaching an all-time high of $$ 108,000 last week. This milestone was driven by growing institutional demand, evidenced by ten consecutive weeks of positive inflows into Bitcoin ETFs. MicroStrategy, the largest corporate holder of Bitcoin, recently announced the purchase of 15,350 bitcoins, bringing its total to 439,000 units, valued at approximately $$ 27 billion. Additionally, the company will be included in the Nasdaq 100 index, increasing the index's exposure to Bitcoin.

However, US Federal Reserve Chairman Jerome Powell has stated that the institution is not legally allowed to own Bitcoin, dispelling speculation about the central bank creating a strategic Bitcoin reserve. This statement resulted in a drop in the price of Bitcoin and other cryptocurrencies in the following days.

Despite these fluctuations, the cryptocurrency market continues to attract institutional investors and large-scale companies. Recently, activists have urged companies such as Microsoft and Amazon to consider including Bitcoin on their balance sheets, arguing that it could significantly increase the market value of these corporations.

In summary, Bitcoin remains above $$ 100.000, driven by institutional investment and corporate interest, although it faces regulatory challenges and statements from financial authorities that influence its market volatility.