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Bitcoin has been making waves lately, breaking past $110K and setting a new all-time high. The surge is not just about speculation but rather real market forces driving liquidity and demand. This fundamental shift is what’s pushing many projects linked to Bitcoin’s growth to gain traction.
One such project that stands out from the pack is BTC Bull Token ($BTCBULL). As Bitcoin approaches its previous ATH of $111,970, it becomes increasingly clear that the path forward is wide open for further price discovery. Several factors are aligning in favor of a continued upward trend.
Spot ETF inflows remain consistently high, and we’re seeing large investors, including asset managers and corporate treasuries, buying more Bitcoin than what’s being mined. This imbalance creates natural upward pressure.
Furthermore, when taking a step back to look at the bigger picture, we see that global money supply has just hit $94T and the U.S. dollar remains volatile – both of these factors contribute to Bitcoin’s allure.
Additionally, technical analysis suggests another significant move could be on the horizon due to tightening Bollinger Bands on the daily chart. This is eerily reminiscent of what happened before the Q4 2024 breakout. Standard Chartered even predicts that Bitcoin will reach $135,000 by Q3 and possibly as high as $200K by year-end.
In this scenario, it’s not surprising that BTC Bull Token ($BTCBULL) is capitalizing on the momentum. Their presale has raised nearly $8M and has just a few days left before its exchange listing. This is your final chance to get in at the presale price of under four days for that.
In essence, what we’re seeing here is a Bitcoin rally backed by real market forces rather than speculation alone. And with this fundamental shift, it’s not surprising that smaller altcoins like $BTCBULL are also participating in the uptrend.
Source: bravenewcoin.com
