Bitcoin (BTC) is currently priced around 109,600 USD, reflecting a 2.1% rise over the past day. Its recent performance is supported by increased confidence from the UK pension sector.
Cartwright Pension Trusts has facilitated a 3% Bitcoin allocation for its client, leading to a remarkable 60% return in under a year. This performance illustrates the growing appeal of Bitcoin among investors.
Technical indicators suggest a bullish trend for Bitcoin, with target resistance levels at 110,413 USD, 111,778 USD, and 113,255 USD. The UK pension sector is recognizing the need for involvement in Bitcoin despite its volatility.
Leave a Reply