📈 BTC is trading around $94,700, showing resilience after a recent rise. In April, the price increased by 13%, despite a decline in the purchasing power of stablecoins.
🔍 Key factors:
Institutional investments: The inflow of funds into Bitcoin-ETFs amounted to $172.8 million, supporting the bullish trend.
Macroeconomic signals: The weakening of the dollar and positive statements from politicians are contributing to the growth of the crypto market.
Technical analysis: Consolidation of the price at $94,700 may herald further upward movement.
💡 Forecast: Analysts expect a potential rise of BTC to $100,000 in the near future, provided current trends persist.
This is not financial advice. Share your opinion in the comments!
#Bitcoin #BTC #Binance #CryptoAnalytics