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Bitcoin is steady at ~$107K today, backed by robust institutional inflows: • +$2.2 B in ETF flows since mid‑June, including nearly $590 M in the past 11 days 💼 • ProCap BTC’s $1 B merger and 3,724 BTC purchase highlight reserve-building strategies • Glassnode/Avenir data confirms these are unhedged, long‑term bets – not quick trades
Market cap potential? Billionaire Philippe Laffont envisions $5 trillion, putting BTC on a path beyond $200K. Technically, BTC bounce off $100K is strong, target resistance near $108–112K. Macro correlation to USD weakness and credit spreads adds fuel to the institutional case.
Call to Action: 📈 Watching BTC breakout above $112K? Or consolidating here first? Share your take!