Bitcoin has maintained a price above 100,000 USD for 30 consecutive days, marking a historic moment since its creation. This persistence follows a dip in May, and the cryptocurrency is now being closely monitored by analysts.
Strong buying activity over the weekend saw Bitcoin rise back to 105,000 USD, reflecting renewed optimism linked to US-China trade talks. Analysts consider the 100,000 USD level a new support base, supported by institutional inflows like ETFs.
While institutions are increasing purchases, some long-term investors are beginning to cash out. Data suggests that as demand from retail investors remains subdued, significant interest may return if Bitcoin maintains its current levels.
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