Good morning☀️

#Bitcoinhas been moving sideways around $100k for a week, but despite this, ETF purchases were extremely high last week, approximately $2.5 billion net inflow was made.

It is extremely positive that ETF purchases continue in this way while the price is at ATH.

Tomorrow, the Microsoft board of directors will vote on investing in Bitcoin. As everyone would expect, a well-established company like Microsoft deciding to invest in Bitcoin will be positive.

In addition, since inflation data will be announced on Wednesday, volatility will be high. There is no important data to be announced on the other days of the week.

When Bitcoin was around $60k, I had mentioned many times that the first target was the $95-105k range.

After the price reached 105 thousand, it experienced a correction of approximately 13%. Since we reached the first target, it is very natural for us to see profit sales in this region.

I think the current outlook is still positive and the increases will continue.

I will share other data during the day, friends. I wish everyone a good week and plenty of earnings.