Bitcoin $104,489.94The price of the rise trend, which has been ongoing for 120 days, managed to remain above 103 thousand dollars. This trend, which is supported by the impact of major corporate investors, especially Blackrock and positive developments in the Macro economy in the United States, creates strong expectations about Bitcoin’s future performance in markets.
Market dynamics and the rise of Bitcoin
Bitcoin has exceeded $ 105,000 in the first hours of the day and reached the highest level of the last 120 days. Among the main factors that support the access to this new summit of the last period, positive macroeconomic situations and the increasing interest of corporate investors have come to the fore. Although some market players turned to Altcoins in the short term, there was no change in the positions of long -term investors. This indicates that long -term confidence in Bitcoin is still strong.
Analysts point out that the volume is higher in the current range compared to the consolidation periods so far and the fluctuation is more limited. While market sensitivity keeps the risk appetite alive, it is evaluated in Bitcoin that the possibility of progressing to $ 120,000 seems more realistic.
Technical indicators and transactions that continue to remain over 103 thousand dollars if the price of the upward movement will continue to strengthen the impression. However, it is reported that a short -term movement will be below 102 thousand dollars.
Blackrock and SEC meetings: New ETF Period
Blackrock, one of the largest asset executives in the world, conducted negotiations to integrate Stinging and option operations with the US Securities and Stock Exchange Commission (SEC) to crypto currency ETFs. The technical details of the presence of stinging returns to investors and the use of options in ETFs came to the fore.
Experts of the issue, Blackrock’s desire to pioneer this issue shows that the interest of crypto currencies in the institutional sense. However, it is also known that some obstacles due to regulation continue. “We evaluate the technical and regulatory challenges to include stinging and option operations in ETF products.” The statement also supports this situation.
In case of approval, Stinging ETFs may provide passive gain to investors, while option equipped ETFs may attract more corporate investors. It is stated that such moves may affect the price of bitcoin, and even the highest levels in history can be overcome.
Technical view and price expectations
Bitcoin prices at the last closing continues to stay $ 103 thousand and above. In the technical analysis, indicators such as Bollinger bands indicate that the short -term upward trend is strong. Although the basic indicators such as the relative power index (RSI) show that in the short term, excessive purchase levels are approached, the exchange pressure continues.
The stable trading volume indicates that there is no serious profit sales and that the interest of corporate investors in the market continues. 112 thousand to 120 thousand dollars in the short term stands out as the target of the upward movement. However, a decline below 102 thousand dollars may cause a retreat to support levels.
In the light of recent developments, it is considered that the protection of stability in the price of Bitcoin may be directly related to the interest of corporate investors. In particular, negotiations between Blackrock and SEC seems to be able to take innovative steps such as stinging and options in crypto -based ETFs. Approval of such ETFs can offer investors new tools to manage diversified earnings and risks. All these elements stand out as headings that need to be followed in terms of Bitcoin’s price stability and upward potential.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
