The article discusses the steady rise in Bitcoin funding rates, indicating ongoing optimism among leveraged traders despite a market correction. It suggests that Bitcoin's price could drop to $89,000-$90,000 but expects this to be a key support zone that stabilizes the market. The article also mentions that Bitcoin's year-to-date gains of 119% are likely to dominate conversations during Thanksgiving, solidifying its position as the best-performing asset of the year. The increased participation of traditional finance investors, particularly through ETFs, is mentioned as a notable feature of this rally. Matrixport predicts an increase in institutional capital inflows through 2025, which could further strengthen Bitcoin's bullish trajectory and long-term growth outlook. Overall, the article emphasizes Bitcoin's resilience and growing appeal as a leading investment asset.



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