📈 3 Reasons #Bitcoin Price Can Surge to $100K This Weekend!

Bitcoin price is on the verge of a historic breakout, fueled by a convergence of factors that signal strong bullish momentum. Here are three key reasons why the $BTC price could reach $100,000 this week.

🔸 1. Institutional Demand to Fuel Bitcoin Price Surge

Institutional inflows into Bitcoin ETFs have surged, signaling strong interest from major financial players. On November 27, Bitcoin ETF inflows totaled $103 million, with Fidelity contributing $40.2 million and Bitwise $48 million. These consistent inflows demonstrate growing confidence in Bitcoin as an institutional-grade asset.

Meanwhile, BlackRock, the world’s largest asset manager, saw zero flows. Nonetheless, owing to increased inflows into other spot #BTC ETFs, the Bitcoin price can significantly benefit.

🔸 2. Major Bitcoin Purchases by Corporations

Corporate giants are doubling down on Bitcoin. MicroStrategy, a long-time Bitcoin proponent, recently added $5.4 billion worth of Bitcoin to its reserves, bringing its total holdings to 386,700 BTC. Similarly, Bitcoin mining company Marathon Digital Holdings (MARA) purchased over $619 million worth of Bitcoin this week.

Metaplanet, a Japanese public company, announced plans to raise ¥9.5 billion ($62 million) to increase its Bitcoin holdings. This wave of corporate adoption reflects growing belief in Bitcoin’s potential as a long-term store of value.

🔸 3. Pro-Crypto Policy Shifts

Geopolitical developments are also driving Bitcoin’s upward trajectory. Switzerland recently passed legislation to explore how Bitcoin mining can balance the power grid and utilize wasted energy, marking a progressive stance toward crypto integration. Meanwhile, U.S. President-elect Donald Trump announced the creation of a Bitcoin strategic reserve, which aims to acquire up to 1 million BTC. Such pro-Bitcoin policies from influential nations and leaders provide a robust foundation for BTC price growth.