MicroStrategy’s Nasdaq 100 Inclusion Fuels Bitcoin’s Soaring Price Past $106K
Bitcoin has surged to a new all-time high of $106,498, primarily driven by MicroStrategy’s inclusion in Nasdaq 100. Moreover, ongoing institutional buying patterns indicate strong market support, alongside strategic moves by former President Trump that could influence market sentiment. Various technical patterns hint at further upside, creating bullish optimism among traders. As Bitcoin retains its position above critical thresholds, many investors are excited about its future potential. Trading strategies should consider these influences as they reflect market conditions. Understanding the relationship between institutional movements and Bitcoinโs price can inform better trading decisions in this evolving landscape.