Bitcoin Don Pass $100K Because of Institutional ETF Inflows
Bitcoin don dey maintain price pass $100,000 for over 100 days now, as e dey gain from how institutions dey adopt am and record-breaking ETF inflows. Unlike before wey retail traders dey push market, dis rally strong because asset managers and ETF providers dey put stable investment. ETF inflows don be the main driver for Bitcoin market now, e don make market capitalization reach $4.02 trillion and e get 58.55% dominance. Retail interest low, meaning market no too dey shake, so e steady. Now, na institutional investors dem dey control market moves, showing say dem dey think long-term and no dey do short-term speculation. This steady rise for Bitcoin show say cryptocurrency market dey get more liquidity and maturity. Traders suppose keep eye on ETF inflow data and institutional activities as oga indicators for future price moves and market stability.
Bullish
Bitcoin wey don hold gidigba pass $100,000 because institutional ETF dey come put money for am, e dey show say market dey go up. For short time, if ETF still dey buy, e go give pressure for people to buy, fit make price continue to climb and no go too shake like when ordinary people dey control am. If we look past times, like the one wey happen between 2020 and 2021, institutional people also dey involved and price go high well well, but too many retail people cause sharp wahala. Right now, retail people no too dey involved, e mean say asset managers dey steady dey collect Bitcoin. For long time, as more people dey use ETF and market liquidity deep, e go make Bitcoin better story, go attract more institutional money and make price strong. But traders suppose dey watch ETF money movements and laws wey government dey make, because if money stop, price fit fall. On top all, this new wave way institutional people dey run show say market believe say Bitcoin go up.