Bitcoin has recently emerged above critical resistance levels, suggesting the possibility of a new bullish phase. This development has caught the attention of both retail and institutional investors.
The increased inflows into U.S. spot ETFs indicate a growing institutional confidence in Bitcoin's long-term potential, which may further drive its price upward.
The whale accumulation trend is another crucial factor supporting Bitcoin's upward momentum. Large holders continue to amass more Bitcoin, which could strengthen its price trajectory.
