Despite All Events, Bitcoin Continues to Hold Above 100,000 Dollars! So What Does This Mean, What Awaits BTC?

Bitcoin has managed to stay above the $100,000 level for more than five weeks amid rising geopolitical tensions and ongoing macroeconomic uncertainties. Analysts argue that this level is no longer a "psychological support" in the minds of investors and has become a permanent floor price.

Elliot Johnson, CEO of the newly formed Bitcoin Treasury Corporation, pointed out that Bitcoin remains resilient despite Israel-Iran tensions and the relatively hawkish stance of the Fed announced this week. "Bitcoin has remained incredibly resilient in recent weeks," Johnson said, emphasizing that the $100,000 level is now "firmly settled."

The FED kept interest rates unchanged yesterday, but the updated forecast graph (dot plot) indicates only one interest rate cut for 2025. This suggests a less dovish stance than the market expected. Analysts note that this attitude could prolong the sideways movement in the stock and bond markets.

Johnson also noted that Bitcoin has strengthened its position not only as a safe haven but also as an alternative asset and long-term treasury reserve against the depreciating US dollar. The Bitcoin Treasury Corporation, which he founded, aims to help institutional companies adopt Bitcoin as a long-term reserve asset.

One of the strongest examples of institutional demand was MicroStrategy, which purchased $1.05 billion worth of new BTC last week. The company's founder, Michael Saylor, is the company that has invested the most in Bitcoin.

Nic Puckrin, the founder of Coin Bureau, also stated that the markets have generally entered a "wait-and-see" mode. Highlighting the stagnant movements in oil, gold, the S&P 500, and the dollar index, Puckrin said, "But Bitcoin is disrupting this trend. $100,000 is no longer just a support level; it is becoming established in investors' minds as a floor price."

According to Puckrin, there are also macroeconomic winds behind this resilient stance. While there are still expectations for two interest rate cuts in 2025, the signals that the Bank of Japan will ease monetary tightening in 2026 also indicate that liquidity may increase again. In this scenario, the analyst expects Bitcoin to be the asset with the greatest gains.

*This is not investment advice.

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