**Bitcoin Breaks $104K: What's Next?**
Bitcoin has surged past $104,000, marking a significant milestone in its 2025 trajectory. This upward momentum is fueled by a combination of factors:
Post-Halving Dynamics: Following the April 2024 halving, Bitcoin's supply rate decreased, historically leading to price appreciation.
Institutional Interest: Major firms are increasing their Bitcoin holdings, signaling strong market confidence.
Global Economic Factors: Recent U.S.-U.K. trade agreements have positively impacted investor sentiment.
🔍 Strategic Insight
Analysts predict that if Bitcoin maintains its position above $100K, we could see targets of $108K–$110K in the near term. However, a drop below $98K might indicate a potential correction.
📅 Upcoming Events
May 12: SEC's Virtual Asset Task Force Roundtable—discussions here could influence regulatory perspectives.
May 13: Blockchain Futurist Conference in Toronto—insights into Web3 innovations and future trends.
May 14-16: Consensus 2025 in Toronto—a gathering of global crypto leaders to discuss the digital asset landscape.#BinanceAlphaAlert