🔥 Poll: Can BTC Break Its ATH This Week?
ATH Recap: Bitcoin hit its ATH of $109,702.5 on Jan 20, 2025, followed by a consolidation phase.
Recent Trends: With easing geopolitical tensions, sustained institutional inflows, and improving market sentiment, BTC has shown strong upward momentum.
This Week’s Key Question: The market looks bullish, but the ATH remains a major resistance level.
🗳️ Share your take—let’s see where the market goes!
#Will BTC Hit a New High?#
Bitcoin is on the way to a six-digit mark! 💸💥
🏦 Factors driving BTC up:
ETF effect 📄
Approved Bitcoin ETFs have attracted billions of institutional dollars, providing steady demand for the asset.
Reduction of emission (halving) ⛏️
Recent
the halving reduced the reward for miners, decreasing the supply of new BTC by
In the market. Demand is rising - supply is falling. The classics of economics.
Macroeconomics 🌍
Inflation, instability of fiat currencies, and geopolitical risks are increasing interest in "digital gold".
The growing interest in Web3 and DeFi 🕸️
The more users enter the crypto ecosystem, the higher the fundamental value of Bitcoin as a base asset.