Bitcoin

Bitcoin's Bullish Drivers

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The four bullish drivers behind Bitcoin's rally:

1.Institutional involvement: BlackRock and other institutions have accumulated large positions through ETFs, with OTC inventory declining, creating a scarcity effect in the market.
2.Policy tailwinds: Escalating expectations of Federal Reserve rate cuts have enhanced Bitcoin's attractiveness under low-interest-rate environments.
3.Regulatory breakthrough: China's Guotai Junan International has obtained regulatory approval, opening a compliant channel for Chinese capital.
4.Technical support: The 50-day moving average has broken above the 200-day moving average, forming a "golden cross" that confirms the long-term upward trend.

BTCUSD
buy@106000~107000
SL:105000
TP:108000~109000


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