Bitcoin exceeds 122 thousand dollars, close to the highest level of ETF flows and the purchase of companies star-news.press/wp

Bitcoin (BTC) rose to $ 122,000 on Monday, reaching 1 % of its highest level ever of $ 123,218. This gathering is fed through high stains ETF flows, the accumulation of renewable companies, and the pro -Carbuto policy turns from the White House.

Over the past three days of trading, the investment funds in the United States of America have absorbed $ 773 million in net flows, according to Farside investors. Blackrock now has $ 80 billion in BTC, with $ 94 billion closed by ETF Golden ETF.

On the corporate front, Michael Saylor of Microstrategy pointed out to the continuous bitcoin purchases, which expands its huge wardrobe already $ 76.8 billion. Henrik Anderson, CIO, described Apollo Crypto, the step above 122 thousand dollars as a “issue of time” after a month’s unification between 115 thousand dollars and 120 thousand dollars.

Trump’s pro -aging policies ignite a wave of bitcoin optimism

The main catalyst was the command of President Donald Trump’s CEO to enable retirement plans 401 (K) to invest in encrypted currencies. This policy can open 9 trillion dollars in retirement assets to Bitcoin, which may lead a long -term demand.

Technical indicators remain difficulties. The daily RSI is located in 67.7, indicating a strong momentum without entering the peak area, while MACD has published a bullish intersection.

Analysts believe that the decisive break of more than $ 123,000 can lead to the purchase of the FOMO algorithm, which pushed BTC towards 126 thousand dollars to 129 thousand dollars.

BTC's price trends to the upside on the daily chart. Source: BTCUSD on Tradingview 

The broader encryption market reaches $ 4.14 trillion

Bitcoin raised raising the total market value of the cryptocurrency to the highest level ever at $ 4.14 trillion. ETHEREUM (ETH) It also increased, as it crossed $ 4,300 for the first time since 2021, with the support of 4 billion dollars of institutional flows and the release of the circulating investment funds that focus on ETH.

Despite the upward trend, feelings are still measured. The Crypto Fear & Greed index is 70/100, indicating enthusiasm but avoids severe euphoria. Google’s interest on Bitcoin also increased modestly, indicating space for further participation in the field of retail.

With strong institutional flows, the adoption of increasing companies, and organizational clarity, analysts say bitcoin is in a good position in another leg. A clean break can open above 123 thousand dollars, the door to 130 thousand dollars in the short term, and perhaps 150 thousand dollars by the end of the year if the macroeconomic conditions remain favorable.

Image coverage of ChatGPT, the tradingView graph

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