The recent movement of BTC above 100,000 USD has reignited interest among long-term investors and traders. Increased inflows to exchanges reflect heightened trading activity, with significant transactions indicating institutional interest. The market’s sentiment is now leaning towards greed, which could prompt a rally.
Despite this bullish momentum, BTC’s growth could face challenges from the dominance of altcoins. As more investors join the market, BTC’s price trajectory remains crucial to watch. The combination of supply-demand dynamics and investor sentiment may play a critical role in future price actions.