Bitcoin is at a crucial resistance level of 85,000 USD. If it can break above this point, it could rise to 90,000 USD. Conversely, failure to maintain this level may result in a decline to around 78,258 USD.
Metaplanet’s purchase of 319 BTC reflects growing institutional interest in Bitcoin, increasing total holdings to 4,525 BTC. However, a net outflow of 713.30 million USD from US Bitcoin ETFs suggests declining demand from institutional investors.
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