Bitcoin has reached over 105,500 USD, exceeding the value of one kilogram of gold. Tracy Jin, COO of MEXC, emphasizes Bitcoin’s emerging role as a key asset for investment.
Key resistance lies at 105,800 USD, with potential targets of 130,000 USD and 150,000 USD by year-end. Economic factors have influenced Bitcoin’s recent volatility.
Bitcoin’s fixed supply and increasing respect in the financial market are supported by institutional interest shifting from gold, as noted by JPMorgan analysts.
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