BlackRock significantly increased its Bitcoin holdings by $750 million, signaling confidence in BTC's long-term prospects despite recent volatility. This move helped Bitcoin retest $100,000 after a brief drop. The Spent Output Profit Ratio (SOPR) indicates that short-term holders have the upper hand, suggesting potential price increases. Technically, Bitcoin is in a symmetrical triangle pattern, with a possible bullish breakout. The Chaikin Money Flow (CMF) shows notable buying pressure, which could drive BTC to $103,649 or even $110,000 in a highly bullish scenario. However, if institutions continue to sell, BTC could decline to $93,378. #Bitcoin #BTC #BlackRock #Crypto #PriceAnalysis