Bitcoin's Big Bounce: 3 Reasons Behind the Surge!

2 months ago
31

Bitcoin is experiencing a significant surge, rising over 5% today and surpassing $105,000! In this video, we break down the three key drivers behind this bullish trend. First, easing geopolitical tensions in the Middle East, including a notable ceasefire between Iran and Israel, are shifting investor sentiment. Second, a whopping $350 million inflow into U.S. spot Bitcoin ETFs signals strong institutional demand. Lastly, growing expectations for a potential rate cut from the Fed make Bitcoin an increasingly attractive investment. Join us as we analyze the technical outlook and resistance levels that Bitcoin must overcome to maintain this momentum.

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