Bitcoin Nears $100k as ETF Inflows Soar

Strive and Strategy stocks are on the rise as Bitcoin price nears a strong comeback. The $BTC price may be on the verge of breaking through to $100,000, fueled by rising ETF inflows.

The funds have added over $102 million this month, with BlackRock's IBIT adding over $195 million and Grayscale's $BTC adding over $14 million. While there were significant outflows from Fidelity, Grayscale, Bitwise, and VanEck, the net inflows still stand at $1.5 billion this year.

Strategy (MSTR) has jumped to $160.50, up by over 102% from its lowest level this year, bringing its market capitalization to over $61 billion. Strive stock (ASST) has also rebounded to $31, up by over 340% from its all-time low, with a market capitalization of over $2.8 billion.

The technicals are also bullish for Bitcoin. The daily chart shows that the coin has jumped above the crucial resistance level of $82,070 and formed a golden cross pattern as the 50-day and 200-day Exponential Moving Averages (EMA) crossed each other.