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Bitcoin Price Forecast: BTC holds above $93,000 as ETF inflows continue and Strategy boosts holdings
Bitcoin (BTC) price trades around $93,000 at the time of writing on Tuesday, pausing near a key resistance zone after its recent advance. Institutional demand remains supportive, with US-listed spot Exchange Traded Funds (ETFs) recording their largest single-day inflow since early October. In addition, Strategy’s (MSTR) Bitcoin purchase on Monday and expanded cash reserves reinforce confidence in the largest cryptocurrency by market capitalization in the near term. Institutional demand for Bitcoin continues to strengthen as the week begins. SoSoValue data show that spot Bitcoin ETFs recorded an inflow of $697.25 ... (full story)
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