Bitcoin Surges Towards $100,000 Amid Bullish Sentiment and ETF Inflows

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Bitcoin is surging towards $100,000, driven by bullish sentiment, significant ETF inflows, and large holder activity, with some anticipating a "gamma squeeze" for more volatile price action.

In the last hour, Bitcoin has shown a strong upward trend, nearing the $100,000 mark. Analysts indicate that Bitcoin has entered a "very bullish" zone with large holders stacking BTC, and recent ETF inflows are contributing to a rally, with derivatives suggesting further upward movement. Some reports even hint at a potential "gamma squeeze" that could lead to violent price action. This surge is observed despite geopolitical tensions and is further fueled by cooling US inflation.

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