Bitcoin (BTC): Signs of Stability
Bitcoin is currently holding strong above the $110,000 mark. Despite a slight downward trend in
the last 24 hours (ranging from approximately -0.07% to -0.68%), the overall picture for the past
week remains promising, with gains of around +6.49% to +8.32%. While there have been a few
rejections at the $105,000 resistance level, Bitcoin's ability to maintain this stability has fostered
a positive sentiment among investors. Recent bullish forecasts from major financial institutions
like BlackRock and Standard Chartered, along with their growing interest in Ethereum, have
further strengthened the market's confidence. Standard Chartered has even predicted that
Bitcoin's price could reach $500,000 by the end of 2025.