Bitcoin Price Prediction Turns Bullish as BTC Reaches for $100K

Bitcoin's price prediction has taken a bullish turn as analysts suggest the cryptocurrency could reach $100,000. The increasing inflows into Bitcoin ETFs are being credited with this momentum.

The BTC price has maintained 'structural strength' since a key technical indicator flipped in April, similar to previous cycles that saw massive rallies. Analysts attribute significant contributions from Bitcoin ETF inflows, which have reached over $1.5 billion since May 1.