Bitcoin has reclaimed its 8-year trend line, trading above $115K with strong support. Institutional demand is on the rise, as evidenced by the $2.3B inflow into the US Spot Bitcoin ETF. Analysts expect that a breakout at $117,200 could lead to new all-time highs appearing soon.
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Bitcoin has reclaimed its 8-year trend line, trading above $115K with strong support. Institutional demand is on the rise, as evidenced by the $2.3B inflow into the US Spot Bitcoin ETF. Analysts expect that a breakout at $117,200 could lead to new all-time highs appearing soon.