Bitcoin Bull Market Eyes $146K 🚀
Bitcoin's bull run shows no signs of slowing! Analysts predict a
$146,000 price target, citing strong institutional demand and
low retail participation.
🔹 Key Metrics Indicate Growth Potential:
Holdings by new investors remain at ~50%, far from
overvaluation seen in 2017 (90%) and 2021 (80%).Institutional
players have added 130,000 BTC since October, while retail
investors reduced holdings by 41,000 BTC.
🔹 ETFs Drive Demand:
Record ETF inflows of $3.1B in November highlight institutional
interest.
🔹 Challenges & Outlook:
After failing to break $100K, Bitcoin corrected to $91K, with
analysts predicting a possible 30% dip before hitting six figures.
Room to Grow: Valuation metrics like the P&L Index signal
Bitcoin is far from overheated, leaving the door open for further gains.
#bitcoin☀️ #MarketBuyOrHold? #BTCWatchZone #BTC☀ #Write2Earn! $BTC