Part 5/8:
Another key factor contributing to Bitcoin’s recent price stabilization is the psychological impact of breaking through the $100,000 barrier. As Bitcoin trades above this level, it is gradually being accepted as the new standard, but it takes time for this acceptance to solidify in investors’ minds. Many potential buyers remain hesitant, fearing they are out of their depth at such high valuations. This reluctance is common in rapidly appreciating assets and often leads to periods of stagnation.