$BTC
This week, Bitcoin continues its bullish momentum, trading close to the $100,000 mark. The cryptocurrency has seen a remarkable 10% increase over the past week, driven by sustained buying interest and improving market sentiment. Institutional inflows have also played a significant role, with Bitcoin spot ETFs recording net inflows of $900 million.
Analysts are optimistic, noting that Bitcoin's upward trajectory is supported by technical indicators and a strong safety net around the $95,000 level. The market sentiment index indicates extreme greed, suggesting further potential for growth.
As Bitcoin approaches the $100,000 milestone, investors are eagerly watching to see if it can break through this psychological resistance level and continue its upward trend.