Bitcoin Price Prediction: BTC Breaks $65,000 Resistance – Bulls Back in Control?

Bitcoin Price Prediction: BTC Breaks $65,000 Resistance – Bulls Back in Control?
Bitcoin price prediction

Bitcoin (BTC) held steady above the $66,000 mark, hitting an intraday high of $66,500. The ​Bitcoin ​price prediction now points ⁣to strong⁤ bullish ⁢momentum driven by increasing institutional interest. BlackRock’s ⁢iShares Bitcoin⁢ Trust (IBIT) has attracted significant investment, while ⁤CME Group’s planned entry into Bitcoin spot trading is expected to increase market ⁢liquidity and demand.

BlackRock’s iShares Bitcoin Trust (IBIT)​ sees strong institutional interest


BlackRock’s iShares Bitcoin Trust (IBIT) has performed impressively since its inception. The trust has attracted significant attention, with ‍414 retail or institutional investors coming forward in its first few months. This level of interest is notable, as it is unusual for a new investment to have even 20 owners initially.

Since its launch in January, IBIT has grown from zero to $16.65 billion in assets under management, making ⁤it the most popular Bitcoin investment for regular investors. Large⁣ firms such as Millennium Management, Schonfeld⁢ Strategic Advisors, ⁤and Aristeia Capital have invested in IBIT.

https://x.com/EricBalchunas/status/1791079436953022885

IBIT’s rapid growth to $16.65 billion in assets under management indicates strong institutional interest, which is having ‌a positive impact on Bitcoin‌ price.

  • Great attention:414 investors in the ​first few months.
  • Rapid growth:IBIT now has $16.65 billion in assets under management.
  • Institutional interest:Large firms such as Millennium Management and‍ Schonfeld Strategic Advisors ⁣are investors.

This presale offers early investors a rare opportunity to acquire 99 BTC at a competitive price of $0.00103 per token. These tokens offer more than just rewards. They also provide access to premium content within the community⁤ and​ other perks.

Limited time offer

The presale has raised $1,300,176 so far and is approaching a goal of $2,036,443. This is​ the perfect time to buy 99 BTC as there are only three days left until the next price level. You can⁢ benefit from participation opportunities immediately.

Get your 99 Bitcoins now

Disclaimer – Crypto is a risky⁢ asset class. This article is for ‌informational purposes only and does not constitute investment advice. You can lose‌ all your capital.

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