🚨 Bitcoin Hits Historic $104,000 🚨
Bitcoin surged past $100K, hitting an ATH of $104,088 before stabilizing at $102,681. Key drivers include:
1️⃣ Powell Compares Bitcoin to Gold: Fed Chair Powell acknowledged Bitcoin as a digital gold, boosting legitimacy.
2️⃣ Putin's Pro-Bitcoin Stance: Russia signals openness, with global "Bitcoin Space Race" discussions heating up.
3️⃣ Institutional Demand: Spot market activity surged, breaking the $100K sell wall, with institutions like MARA possibly driving buying pressure.
4️⃣ Retail Caution: Despite whale accumulation, retail sentiment remains skeptical, creating room for further upside.
BTC’s unprecedented rally continues to defy expectations. 🚀
BTC
93,935.78
+1.22%