Today's report on Bitcoin:
The current price of Bitcoin is around $105,372, stabilizing within a range between $105,000 and $110,000. The market shows positive indicators driven by institutional flows (via ETF funds) and major companies buying the currency, in addition to U.S. economic indicators suggesting a possible interest rate cut. Technically, the emergence of what is known as the 'golden cross' indicates a potential upcoming rise towards $112,000–$115,000.
Recommendation:
For long-term investors, it is advised to allocate 1–2% of the portfolio to Bitcoin while adopting a dollar-cost averaging (DCA) strategy to mitigate price volatility.
For speculators, buying near 105K and gradually selling near 112K is advisable, with a stop loss placed below 103K.
