The recent decline in oil prices is seen as a positive development for Bitcoin, as it eases inflation fears and boosts investor confidence in digital assets and stocks. Analysts suggest that if inflation slows, investors might turn to Bitcoin as an alternative investment, potentially pushing its price to new all-time highs. Retail demand for Bitcoin is also showing strong recovery, with only a 2% decline in the last 30 days. Market analysis suggests that demand is holding up well, and technical indicators point to a short-term bullish trend for Bitcoin. A breakout above $100,000 could lead to further gains and potentially push the price to new highs.



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