$BTC

🟣The price of bitcoin continued to grow, rising from $76,000 to $93,500, surpassing key resistance levels. Its market capitalization has now exceeded $1.8 trillion, which is more than Google ($1.7 trillion). However, further growth is hindered by strong resistance in the $95,000 range, where large investors are taking profits.

Analysts link the jump in BTC to several factors:

- **Approval of ETH-ETF** – U.S. regulators may soon allow exchange-traded funds on Ethereum, which has increased interest in the cryptocurrency market.

- **Institutional demand** – hedge funds and corporations are actively accumulating bitcoin, expecting its price to reach $100,000.

- **Macroeconomics** – weak inflation data in the U.S. has increased the demand for BTC as a safe-haven asset.

If bitcoin establishes itself above $95,000, the next target will be $100,000. However, a correction to $85,000–$88,000 is possible if selling pressure intensifies. For now, the market maintains optimism, but volatility could increase dramatically amid news from the SEC or the Federal Reserve. At the same time, there is a likelihood of correction after the rapid growth of bitcoin, as traders will definitely take profits, and miners are also in good profit and will surely take profits. We will see if bitcoin maintains its price.