Bitcoin is increasingly viewed as a safe haven alongside gold, reflecting a significant shift in investor confidence amid a weakening US dollar and declining yields.
Recent bullish patterns in Bitcoin futures suggest potential price recovery, with critical support around 75,255 USD and resistance at 86,210 USD, indicating institutional investors’ shifting strategies towards non-fiat assets.
The launch of Bitcoin ETFs and substantial acquisitions by firms signify growing institutional confidence in Bitcoin as a long-term hedge against fiat currency insecurity.
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