🚀 Bitcoin surpasses $100,000 and aims even higher! 💰
Bitcoin (BTC) has once again surpassed $100,000, reaching $103,000 for the first time since February. This surge is attributed to factors such as a new trade agreement between the U.S. and the UK, increased institutional adoption, and a more favorable regulatory environment.
📈 What drives this rally?
The relative strength index (RSI) suggests bullish momentum, with possible resistance at $107,000 and a target of $120,000 if the trend continues.
Institutional demand has significantly increased, with massive purchases by large investors.
Companies like MicroStrategy have seen the value of their BTC holdings rise, reflecting growing confidence in the market.
📊 What do experts think? Analysts suggest that if $BTC maintains its support above $100,000, it could reach new all-time highs in the coming weeks.
💡 CZ's advice (CEO of Binance): "Bitcoin is easy... if you don't panic."