Bitcoin Can Recover Toward $100,000 If Structural Supports Hold, 21Shares Says

BTC-4.43%
According to 21Shares, Bitcoin can still recover toward $100,000 if key structural supports hold and ETF outflows ease, the asset manager said in a research note titled "Bitcoin under pressure: hold or fold?" The recovery scenario depends on the market absorbing current selling pressure, with ETF flows, liquidity conditions, and sentiment around major holders being critical variables. 21Shares emphasized that the $100,000 target is not a guarantee but a conditional path that requires Bitcoin to stabilize and rebuild momentum after the recent sell-off.
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