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Taimoor Ali 786
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Taimoor Ali 786
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#BTCHovers100k 1. Institutional Adoption Big companies, hedge funds, and financial institutions investing in BTC could push its price higher. 2. Bitcoin Halving (2024) Bitcoin’s next halving event in 2024 will reduce block rewards from 6.25 BTC to 3.125 BTC, decreasing supply and potentially increasing demand. 3. Global Economic Uncertainty If inflation rises and traditional markets struggle, more investors may turn to Bitcoin as a "digital gold." 4. Spot Bitcoin ETFs If major financial institutions (like BlackRock, Fidelity) launch BTC ETFs, it could bring billions in investment and drive prices higher. 5. Mass Adoption & Regulations If governments introduce clear crypto regulations, it could boost confidence in BTC and increase its mainstream adoption. 6. Supply & Demand Dynamics
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#BTCNextATH? Anyone please advise hold or close ?
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hold or close?
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#BTCBreaksATH Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority. It was introduced in 2008 by an individual or group using the pseudonym Satoshi Nakamoto. As of January 21, 2025, Bitcoin is trading at approximately $104,426 USD, with an intraday high of $107,887 USD and a low of $100,145 USD. This reflects a 3.21% decrease from the previous close. Bitcoin's price has experienced significant milestones recently. On December 5, 2024, it surpassed the $100,000 mark, trading at $102,900, driven by expectations of a crypto-friendly regulatory environment under U.S. President Donald Trump. For more information on Bitcoin, including how to get started, you can visit the official website.
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