$BTC
Hereâs the current Bitcoin price snapshot:
Bitcoin (BTC)
$105,167.00
-$1,688.00(-1.58%)Today
đ Market Overview & Near-Term Outlook
đ Bullish Momentum Near ATH
Bitcoin recently surged past $110,000, approaching its May 22 record high (~$112,000)Â
Technical indicators suggest bullish patterns: a âbull flagâ plus a golden cross (50âday moving average crossing above 200âday) support further upside, with a near-term target of $137,000 and a longer-range of $150Kâ$230K by year-end..
đ Short-Term Risks & Support Levels
Pullbacks to $107Kâ$108K are possible, with stronger support around $103Kâ$104K if momentum fades nftevening..
Geopolitical events (e.g., IsraelâIran tensions) briefly sent BTC under $104,000, highlighting that it's still influenced by broader risk-off flows ..
đ Expert Predictions & Catalysts
đ§ Institutions & ETFs
Institutional accumulation via Bitcoin ETFs (BlackRock, etc.) now totals ~$132B in AUMânearly a 45% increase since Aprilâproviding strong structural support .
Executives like Cathie Wood (ARK) and Tom Lee (Fundstrat) foresee $150Kâ$1.5MÂ đ€Ż in the coming years ...
đ Price Forecasts
CoinCodex projects a sharp 29% rally to $137K by June 17Â
Bitwise suggests a fair value near $230K by endâ2025, with Standard Chartered similarly projecting $200KÂ
BTC could reach between $180Kâ$221K this yearÂ