đ #BTCBackto100K: Bitcoin Surges Past $100K Amid Bullish Momentum
$BTC (Bitcoin) has reclaimed the $100,000 mark, trading at approximately $102,845 . This resurgence is fueled by:
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âInstitutional Inflows:
Over $5.3 billion has entered spot $BTC ETFs in the past three weeks, indicating strong institutional interest .
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âBullish On-Chain Metrics:
Indicators like 'Supply in Profit' have risen by over 20% since January, suggesting increased profitability among holders .
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âPositive Market Sentiment:
A new U.S.-U.K. trade agreement and easing tariff concerns have bolstered investor confidence .
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âExpert Predictions:
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âStandard Chartered forecasts $BTC
could reach $120,000 in Q2 2025 .
âAnalysts like Gareth Soloway anticipate potential highs of $150,000 to $200,000 by the end of 2025, contingent on macroeconomic factors .
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âAs Bitcoin continues its upward trajectory, traders should remain vigilant of market dynamics and potential volatility.
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