🚀 #Bitcoin Rebounds Above $102,700!


$BTC surged 9% in the past week, rebounding from $93K lows to its highest in three weeks. Investors are eyeing a retest of the $108K all-time high.


📈 What’s Driving the Rally?

*/ Institutional Moves: MicroStrategy added 1,070 BTC ($101M), now holding 447,470 BTC. Metaplanet aims to grow its Bitcoin reserves to 10,000 BTC.

*/ ETF Inflows: Spot Bitcoin ETFs saw record inflows of $1.8B in early January, led by Fidelity, BlackRock, and ARK Investments.

*/ Stability Signals: Gemini’s $5M settlement with the CFTC over price manipulation claims has eased market concerns.


🎯 Next Resistance: $105K, with optimism for surpassing $108K on sustained momentum

#BTC Price Analysis#

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January 07, 2025 at 2:04 PM
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