Bitcoin continues to rise, with market sentiment driving Bitcoin to new highs, but the risk of a pullback increases after continuous gains.
Bitcoin reached an all-time high, breaking through the 106,000 mark, thanks to President Trump's support for digital assets and his friendly regulatory plans. Since Trump's victory in November, Bitcoin ETFs have attracted $12.2 billion in inflows. Meanwhile, MicroStrategy's inclusion in the Nasdaq 100 index has also boosted market sentiment.
As of Sunday, Bitcoin has achieved seven consecutive weeks of gains, marking the longest record to date. However, the recent slowdown in momentum may indicate a risk of market pullback.