Investors Pour $4.6 Billion into BTC
Bitcoin has struggled to regain support at $100,000, reflecting a lack of momentum in recent price action.
Still, investor sentiment remains positive, with Bitcoin’s growing institutional support and its symbolic milestone of 16th birthday boosting confidence.
Bitcoin investors are bullish
supply Bitcoin on the exchange It has fallen by 11,000 BTC in the past 48 hours, indicating that selling pressure has eased. Since the beginning of the year, Bitcoin accumulation has surged to $1 billion, with investors continuing to buy Bitcoin even as price action stalls. The trend highlights Bitcoin holders’ confidence in an eventual rebound.
institutional interest Bitcoin has reached Net inflows into spot BTC ETFs totaled $4.63 billion in December, setting a new high. This figure is well above the monthly average of $2.77 billion in 2024, highlighting the growing interest in Bitcoin from institutional investors.
While most of the inflows occurred in the first half of December, bearish conditions in the second half of the month did not significantly reduce activity. Continued institutional support reflects the long-term outlook, which could help Bitcoin recover and push its price higher.
BTC Price Prediction: Looking for a Breakthrough
Bitcoin currently It is trading at $96,793, above the support at $95,668. In order to recover $100,000, BTC must prevent falling below this critical threshold. Current market signals point to the possibility of an increase.
Upbeat signals of investor support and institutional inflows suggest a decline is unlikely. If Bitcoin breaks the $100,000 support, it could pave the way for a rise to $105,000, marking a major step forward in its recovery.
However, a loss of support at $95,668 may Push Bitcoin to $93,625, causing concern among investors. A further break below this level would invalidate the bullish outlook and Bitcoin could drop to $89,800. Maintaining key levels remains critical to maintaining market optimism.
Disclaimer
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