As we mark another Pizza Day, Bitcoin is showing strength and maturity like never before. Institutional adoption, strong ETF inflows, and macro tailwinds have aligned to paint a bullish picture for BTC. Many traders and analysts now believe Bitcoin is more likely than ever to hit $110,000, potentially in the coming months.
Key factors supporting this include:
Spot ETF demand from institutions stacking BTC on a daily basis.
Halving supply shock putting pressure on exchange reserves.
Weakened U.S. dollar outlook, fueling interest in hard assets like Bitcoin.
A buildup of buy-side liquidity just above $109,600, which may act as a magnet in the near term.