According to crypto analyst ChartFreedom in a recent post on X, Bitcoin has successfully broken the long-anticipated $100,000 milestone, driven largely by strong fundamental catalysts rather than speculative hype. These fundamentals include rising institutional interest, increased ETF inflows, and a tightening supply dynamic, all of which have contributed to the asset’s powerful ascent.
What makes this surge particularly notable, ChartFreedom adds, is Bitcoin’s ability to hold steady above $100,000 without experiencing a significant correction. This price behavior suggests that market participants may be treating Bitcoin more as a long-term store of value than a short-term trade, further reinforcing the bullish sentiment. The absence of a pullback signals growing maturity in the market, and possibly a new era of price stability at elevated levels.
News Catalyst Watch: Will Fresh Fundamentals Push BTC Higher?
ChartFreedom highlighted that Bitcoin’s price action remains at a crucial crossroads. After reaching the historic $100,000 mark, driven largely by strong fundamental factors, the market now watches closely for the next major trigger. While Bitcoin has managed to hold near its highs without showing signs of a significant correction, its next move will likely depend on the emergence of impactful news or market shifts.
He emphasized that a fresh wave of strong, bullish developments could push Bit
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Author: Godspower Owie
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