Bitcoin between calm and departure: Investors are looking excitedly at US data!

Bitcoin between calm and departure: Investors are looking excitedly at US data!

Bitcoin is currently hovering between $106,000 and $107,000 as markets remain in a tense calm. Investors are looking forward to upcoming economic data from the US, with the key support at around $104,000 being bravely defended. In the last few days, the resistance at $110,000 has been tested several times, but without a breakout. Market participants appear to be reducing risk positions ahead of the release of US economic data. An unexpected jump above $110,000 could start a new uptrend, making market analysts sit up and take notice. Despite macroeconomic headwinds, Bitcoin is showing remarkable resilience.

A significant aspect is the continuous inflow into Bitcoin ETFs, which is a clear sign of institutional demand. The amount of Bitcoin available on crypto exchanges has hit a six-year low, indicating investors are holding onto their coins for the long term. Although there are medium to long-term holders taking profits, this is typical of bull markets. The stability of the price despite selling pressure indicates healthy demand. Analysts also see a possible change in leadership in the market from old to new investors.

Bitcoin as a US economic factor

The role of Bitcoin in the USA is becoming increasingly important. Loud Crypto Magazine The US government is integrating Bitcoin into its economic agenda, with billions of dollars in investments from companies and policymakers. The approval of new Bitcoin ETFs has already led to a market boom, even if prices are currently fluctuating.

At the Bitcoin Conference 2025 in Las Vegas, the largest event of its kind with over 35,000 attendees, Vice President JD Vance promised that crypto, particularly Bitcoin, is an integral part of the mainstream economy. In this context, the BITCOIN Law of 2025 was also introduced, which provides for a strategic reserve of 1 million Bitcoins. Senator Cynthia Lummis sees this as having the potential to reduce the US's immense national debt of $37 trillion.

Institutional demand and future outlook

Around 50 million Americans now own Bitcoin, leaving privately owned gold holdings behind. The USA accounts for 40% of the Bitcoins mined worldwide and holds 95% of the Bitcoin holdings of listed US companies. This means that the US government now holds more Bitcoin than gold and Bitcoin is viewed as a strategic reserve and a potential new reserve currency.

Trump Media recently filed for a Bitcoin ETF with the NYSE to make it easier for investors to access Bitcoin investments. The company is also planning a $2.5 billion Bitcoin treasury plan. The Bitcoin ETF market has over $130 billion in assets under management, with BlackRock's iShares Bitcoin Trust leading the way at $69 billion.

In the current market situation, Bitcoin is at $105,000, while Ethereum and XRP are also seeing price losses at $2,630 and $2.21 respectively. The total market capitalization of the crypto market fell by 2.6% to $3.42 trillion. However, analysts predict that Bitcoin could rise to $200,000 by the end of the year. Companies such as Gamestop, Trump Media, Reitar Logtech Holdings and Vanadi are planning significant investments in Bitcoin, further highlighting the increasing institutional demand and limited supply.

In this environment, where Bitcoin remains the focus of market analysis, it remains to be seen whether the current consolidation process will lead to a rise to new heights or a decline.