WILL BITCOIN REACH 100 THOUSAND DOLLARS!?

There was +$50 million in net inflows into spot Bitcoin ETFs on May 31. Investors' interest and confidence in Bitcoin continues to increase. Such large inflows provide positive signals about the overall health of the market and investor sentiment.

Since Spot $BTC ETFs offer the opportunity to invest directly in Bitcoin, we can assume that these entries are made by new crypto investors. For this reason, new investors getting used to the crypto market and the return of old investors may cause the price of Bitcoin to rise to levels it has never risen before, such as 100 thousand dollars.