$BTC Hereās a short update on Bitcoin (BTC) ā whatās going on now and what to watch out for š š Recent price & market moves
Bitcoin has recently bounced back, trading around $92,500ā$93,000 This comes after a dip below $90,000 earlier ā the uptick seems partly driven by renewed buying and improving technical signals. š Whatās driving the momentum
The US regulator CFTC recently green-lit BTC as collateral for derivatives trading, a move seen as boosting institutional approval and liquidity for Bitcoin. At the same time, large holders continue to buy ā for example Strategy (formerly MicroStrategy) increased its holdings by nearly $1 billion in BTC, signalling long-term commitment. ā ļø Some headwinds & market sentiment Recent institutional commentary suggests caution: Standard Chartered cut its 2025 year-end Bitcoin price target from $200,000 to ~$100,000, pointing to weakening buying pressure from some digital-asset treasuries. Meanwhile, proposed changes by MSCI ā possibly excluding companies with majority crypto holdings from its global indexes ā have stirred concern that some ācrypto-treasuryā firms may face pressure. š What to watch in short-term / near-future Macro events soon ā e.g. interest-rate/monetary-policy decisions by the Federal Reserve (or global equivalents) ā may move BTC price sharply, given current sensitivity.Institutional flows: if firms continue to accumulate BTC or ETFs show new inflows, that could support a further rally. But if accumulation slows, or regulatory pressure increases ā price could remain volatile / sideways. If you like ā I can pull up a 5-point forecast for BTC over next 1ā3 months (bullish / bearish / neutral scenarios). #BTCVSGOLD #BinanceBlockchainWeek #WriteToEarnUpgrade #CryptoRally