The price of Bitcoin (BTC) is expected to rise to the $100,000 level by June of this year. Market analysts point to the return of cryptocurrency liquidity and the decline in the dominance of stablecoins as the main drivers. This is reported by Cointelegraph.com reports .
Strategy company's STRC preferred shares have regained their key $100 par value. This allows the company to attract additional financial resources to purchase Bitcoin. According to data, through this mechanism, the company gained the capacity to purchase at least 3,172 BTC within a week.
This purchase volume accounts for approximately 235 percent of the Bitcoin supply currently being mined. When the company's share price is above par value, it implements its strategy more effectively by issuing new shares and directing the proceeds toward accumulating Bitcoin.
Since February of this year, the company has increased its assets from 717,000 to 819,000 units. Analysts believe the company could raise up to another $20 billion by the end of the year, which will have a positive impact on the market.
Another optimistic signal in the market is the dominance level of stablecoins like USDT and USDC. According to fractal analysis, their market share is approaching the 10–11 percent resistance zone, which means investors are shifting toward riskier assets, particularly Bitcoin.
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