historic surge past $99,000 reflects explosive demand and macroeconomic shifts. Key drivers:
1️⃣Institutional Frenzy
- Spot Bitcoin ETFs (BlackRock, Fidelity) now hold $50B+, squeezing supply.
2️⃣ Halving Aftermath
- Post-2024 halving scarcity has cut daily supply to 450 BTC, amplifying price pressure.
3️⃣Macro Tailwinds
- Fed rate cuts and a weaker dollar pushed investors toward hard assets.
📈Market Impact:
- Altcoins surged (ETH +25%, SOL +40%) as capital rotated.
- Short sellers liquidated ($1B+ in 24 hours).
🤔What’s Next?
- $100K Psychological Barrier: Profit-taking may cause volatility.
- Long-Term Holders (LTHs) control 75% of supply, reducing sell pressure.
🚨 Warning:
Corrections are likely—avoid FOMO buys.
💡 Trade Smart:
Watch the 200-day MA ($72K) as support. A close above $100K could target $120K by 2025.