šŸ”Ž #BTCOutlook Whatā€™s Next for Bitcoin?

Bitcoin has recently surpassed the $100,000 milestone, currently trading around $97,000.

The market sentiment is cautiously optimistic, with recent developments influencing the landscape:

ā€¢ Macro Trends: The U.S. Federal Reserveā€™s recent policy announcements have introduced volatility in the crypto markets, impacting Bitcoinā€™s price movements. ļæ¼

ā€¢ Technical Levels: After reaching an all-time high of over $108,000, Bitcoin experienced a correction, dropping below $93,000 before stabilizing around $97,000. ļæ¼

ā€¢ Adoption & Innovation: MicroStrategyā€™s inclusion in the Nasdaq 100, driven by its substantial Bitcoin holdings, underscores growing institutional adoption. ļæ¼

As Bitcoin consolidates its position above $100,000, the market is watching closely to see if it will maintain this support level or face further corrections.

What are your thoughts on Bitcoinā€™s trajectory? Share your insights below! šŸ—£ļø