$BTC King of Crypto Holding Strong Above $100K ๐๐
Bitcoin has re-established itself above the critical $100,000 level, signaling continued bullish strength post-halving. As global markets watch closely, BTC is proving once again why itโs the digital gold standard.
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๐ Current Drivers of BTC Momentum:
๐ ETF Inflows Stay Strong
โ Institutions continue to accumulate via spot ETFs
โ BlackRock, Fidelity, and others fueling demand
โ๏ธ Post-Halving Supply Crunch
โ Block rewards cut in half = less sell pressure
โ Miner selling reduced, scarcity narrative back in focus
๐ Global Macro Tailwinds
โ Weakening dollar (DXY)
โ Inflation fears = Bitcoin as a hedge
โ Geopolitical uncertainty = digital safe haven appeal
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๐ง Market Outlook:
๐ Short-Term Resistance: $105Kโ$110K
๐ Key Support: $97K
๐ Cycle Target Range: $120Kโ$150K (if momentum holds)
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โBTC isnโt just rising โ itโs reclaiming dominance across macro, markets, and money.โ