The Bitcoin market has been turbulent recently. The Bitcoin ETF faces severe challenges, with an outflow of funds reaching $338 million, and the overall market experiencing a withdrawal of $1.52 billion, leading to a pessimistic market atmosphere.

However, the price of Bitcoin has shown a strong upward trend, climbing above $98,000, with no signs of slowing down. Important institutions such as MicroStrategy continue to increase their holdings in Bitcoin, with a total holding exceeding 440,000 coins, demonstrating a strong confidence in Bitcoin's long-term value, which provides strong support for Bitcoin's price.

Looking back at historical data, various signs indicate that Bitcoin is gearing up to challenge the $100,000 mark. For Bitcoin bulls, the current price correction is merely a temporary adjustment in the bull market, and there are still significant upward potential and opportunities to be discovered.

Overall, despite facing pressures such as fund withdrawals, Bitcoin's upward momentum and institutional confidence remain strong, suggesting that Bitcoin may continue to rise in the future.

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