#TrumpTariffs 📈 Today's Bitcoin (BTC) Overview – In Urdu
1. Price and Background:
Today, Bitcoin is trading at approximately $108,723, having recorded a high of $109,574 and a low of $107,986 during the day.
2. Market Factors:
Turf Strategy: Due to instability in the U.S. stock markets, investors have shifted away from traditional assets towards digital assets like Bitcoin.
ETF Investment: Institutional investment is continuously increasing. Over the past few months, approximately $45–50 billion has entered Bitcoin ETFs, strengthening confidence in the market.
Technical Resistance: Analysts believe that if the price exceeds $114,000, a 25% upward surge is possible.
3. Recent Interesting Events:
Warrior Bitcoin Wallets: Two Bitcoin wallets created in 2011 have reactivated—each containing approximately 10,000 BTC, today the value of one wallet is worth millions of dollars.
U.S. Government Plan: President Trump has ordered the creation of a "Strategic Bitcoin Reserve," paving the way for Bitcoin to be included as part of U.S. reserves.
4. Predictions:
Some experts believe that the price has the potential to reach $200,000 in the next 12 months, provided ETF investment continues.