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#BTC Hits 97K 🎯🌥️Bitcoin's next resistance level after reaching $97,000 is likely around $98,200, as breaking above this point could ignite a run to $100,000 before the third quarter. However, some analysts predict that Bitcoin could surge to $500,000 to $1 million in the next few years, driven by growing institutional adoption and supply scarcity.
*Key Resistance Levels:*
- *$98,200*: A crucial level that could trigger a price surge to $100,000
- *$100,000*: A significant psychological barrier and potential target for Bitcoin's price
*Factors Influencing Bitcoin's Price:*
- *Institutional Adoption*: Growing demand from institutional investors, such as asset managers like BlackRock and Fidelity, could propel Bitcoin's price higher
- *Supply Scarcity*: Bitcoin's fixed supply of 21 million coins, combined with increasing demand, could lead to significant price spikes
- *US-China Trade Talks*: Positive developments in trade talks could boost investor confidence and drive Bitcoin's price up
Keep in mind that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. These predictions are based on current market trends and expert opinions ¹.#Bitwise NEAR ETF Filing #OBOL Listing Rewards