🚀 Bitcoin ETFs in the US are approaching a new milestone as BTC surpasses $100,000! There is only 2.2% left to reach $110 billion in total BTC held. 📈
- BlackRock leads the market with iShares Bitcoin Trust ETF, accounting for 47.9% market share.
- ETFs have significantly contributed to the price surge of Bitcoin, pushing the price above $50,000 since February 2024.
Prediction for 2025: Bitcoin could reach $200,000 thanks to acceptance from major institutions, according to Ryan Lee from Bitget Research.
- However, BTC needs to increase another 4.1% to surpass the psychological threshold of $100,000.
- Major resistance at $97,600 and $99,000, breaking through could liquidate over $1 billion in short positions.
Where do you think Bitcoin will go next? Share your thoughts! 💬