Bitcoin remains flat near $108,000...taking a breather

Bitcoin, which surpassed $110,000, is trading at the $108,000 level and is sluggish. It appears to have stopped its upward rally and is taking a breather.
As of 1:35 p.m. on the 29th, the domestic Bitcoin price on the BitTorrent was 150,095,000, up 0.03% from the previous day.
At the same time, the overseas Bitcoin price on CoinMarketCap was down 0.89% from the same time the previous day to 107,597 dollars (approximately 15.67 million yen).
Bitcoin is trading sideways around $108,000 on the day, and the argument for strategically hoarding Bitcoin continues to be made.
Robert Michnick, head of digital assets at BlackRock, attended the Bitcoin 2025 conference on the 27th of last month and said, "I plan to put 2% of my investment portfolio into Bitcoin."
"We recommend that you allocate to the coin," he said, "Bitcoin should be considered as a strategic asset." However, since Bitcoin has risen sharply this month, there is a possibility of a correction.
On the 28th (local time), Cointelegraph quoted Material Indicator co-founder Keith Allan as saying that if Bitcoin were to undergo a correction at this point,
The holding line is estimated at $94,000.