Bitcoin has surpassed $102,000, fueled by institutional ETF inflows, and is showing signs of a bullish recovery. Growing institutional support and rising speculation suggest further upside potential. Technical indicators, such as the golden crossover and positive EMAs, indicate a breakout rally may occur. Daily net inflows into US Bitcoin ETFs continue to rise, driven by BlackRock and other institutions. The derivatives market also reflects positive sentiment, with a surge in open interest and a high long-to-short ratio. The rounding bottom reversal pattern suggests a buying opportunity, with an upside target of $111,570.



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