Bitcoin is struggling to maintain its price above $100,000 but is receiving institutional support and a surge in ETF inflows, which could potentially pump its price to $103,000. The cryptocurrency is currently trading at $97,850 and has shown a sideways trend between $90,775 and $108,000. Despite a recent recovery, BTC is facing price rejections and is currently just below the 50% Fibonacci level. However, the rising money flow indicates a potential recovery. US-spot Bitcoin ETFs are also experiencing positive net inflows, with BlackRock being the biggest buyer. The Bitcoin Long-to-Short Ratio has significantly recovered, suggesting increased bullish speculation. The Fibonacci levels indicate potential price targets at the 78.6% and 100% Fibonacci levels, with resistance at $103,393 and $107,123. The crucial support level for Bitcoin is at $94,393.



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