🚀 Bitcoin about to exceed $100k? Despite a lack of institutional buying due to the holidays, experts remain optimistic about the upcoming recovery!
- BTC is trading below $100k, down 9.7% from a peak of $108,300.
- Ryan Lee predicts BTC could exceed $105k after the Christmas holiday.
- Expected trading range this week: $94k - $105k.
📉 Bitcoin ETFs are struggling with 4 consecutive days of decline, losing over $338 million.
- Cash flow from ETFs is the main driver of BTC's rise in 2024.
- The positive funding rate on Binance indicates that the market is leaning towards buyers.
📊 Although there may still be adjustments, analysts remain optimistic about BTC's long-term prospects.
👉 What do you think about the future of Bitcoin? Share your thoughts! 💬