🚀 Bitcoin Market Update: The Road to $100K? 📈
Bitcoin has kicked off 2026 with a massive breakout! After weeks of consolidation, the king of crypto is finally on the move, and the bulls are firmly in control.
Here’s what you need to know today:
Current Price: BTC is trading between $96,000 – $97,000, hitting an 8-week high.
The Catalyst: Better-than-expected U.S. CPI data (2.7%) has fueled a "risk-on" rally. Institutional inflows into Spot ETFs topped $750M this week alone.
Short Squeeze: Over $800M in short positions were liquidated in the last 24 hours, acting as rocket fuel for the current price surge.
Regulatory Front: Momentum is building behind the CLARITY Act, which promises to bring long-awaited legal certainty to the U.S. digital asset market.
Market Sentiment: We are officially back in "Greed" territory. Investors are eyeing the psychological $100,000 mark as the next major target.
What's Next? If Bitcoin can flip the $97,500 resistance into support, we could see a clear run toward a new All-Time High before the end of Q1.
⚠️ Disclaimer: Crypto markets are highly volatile. This is not financial advice. Always do your own research (DYOR) before investing.
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