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Surpassing 101K: complete analysis and solid forecasts! 🚀
After BTC surpassed the barrier of $101,000 today, the conversation about the continuation of the bullish momentum towards higher levels increases! 📈 According to the latest data from Binance and financial tracking sites, here are the main factors driving this historic rise:
# **1. Institutional demand leads the market 🏦
- **Large ETF funds like **BlackRock and Fidelity** are buying large amounts of **BTC, which increases pressure on the limited supply.
- U.S. states like **Wisconsin and Florida** have added **Bitcoin to their reserves, which strengthens institutional confidence. # **2. Geopolitical and economic factors