$BTC The foundation for Bitcoin's growth lies in its limited supply (21 million coins), which creates scarcity and increases value as demand rises. Institutional investors, such as BlackRock and Fidelity, are actively engaging in the cryptocurrency market, enhancing trust and attracting new capital. The development of blockchain technologies, the integration of Bitcoin into payment systems, and its acceptance as an asset for hedging against inflation strengthen the cryptocurrency's position. In conditions of instability in traditional markets, Bitcoin is becoming "digital gold," protecting capital. Additionally, the upcoming halving in 2024 will reduce the rate of new coin issuance, which has historically led to price increases.#OnChainLendingSurge #BinanceAlphaAlert $BTC

And my analysis also confirms that BTC will soon reach 123k