$BTC Bitcoin Proves Its Worth Amid Global Economic Turbulence
The BTCUSDT pair continues to attract investor interest, especially after surpassing the $99,000 level and approaching the psychological barrier of $100,000. This strong performance reflects increasing confidence in Bitcoin as a hedging asset amid geopolitical tensions and uncertainty regarding the U.S. Federal Reserve's decisions. Additionally, the market is witnessing significant inflows from major financial institutions through spot ETF funds, which boosts demand for BTC. Technically, stability above $98,000 is considered a positive signal for the continuation of the upward trend, especially if supported by the overall market momentum. Bitcoin is preparing for further movements, and eyes are on the weekly close to confirm a breakout of the upcoming historical levels.
