$BTC
This week, Bitcoin (BTC) is maintaining a strong upward momentum, with the current price hovering around 101,742 USD. The market is supported by positive factors such as large capital inflows from Bitcoin ETF funds and the halving event that has created upward price momentum. Capital flows from funds like BlackRock have reinforced institutional investor confidence, while the supply reduction event (halving) in April 2024 continues to drive scarcity.
Experts believe that the psychological price level of 100,000 USD is very important. If BTC stays above this mark, the price could reach higher levels, with a target of 110,000 USD next week. However, if it cannot maintain the support level of 98,000 USD, the market may face a short-term correction.
Overall market sentiment remains optimistic, but investors need to pay attention to short-term volatility, especially as BTC has reached an all-time high in early December. This is a good time to consider investment strategies based on the potential for price adjustments in the near future.
