As of January 28, 2025, the price of Bitcoin (BTC) is approximately $102,916, with a daily high of $103,376 and a low of $99,376.

Recently, Bitcoin's price has shown strong performance, partly due to market optimism regarding U.S. President Donald Trump's pro-cryptocurrency policies. Analysts believe that if the Trump administration quickly implements supportive cryptocurrency policies, such as establishing a strategic Bitcoin reserve, the price of Bitcoin could break through $125,000. However, if the policies do not meet expectations, the price may fall back to around $77,000.

In terms of technical analysis, after reaching a historical high, Bitcoin's price has recently corrected to about $102,800. Analysts point out that key support levels are at $92,000, $87,000, and $74,000, and investors should pay attention to these levels to look for buying opportunities and set potential target prices.

Overall, the market holds an optimistic view of Bitcoin's long-term prospects. For instance, BlackRock CEO Larry Fink stated that if more funds allocate 2% to 5% of their assets to Bitcoin, the price of Bitcoin could reach $700,000.

However, in the short term, Bitcoin's price may experience volatility, and investors should closely monitor policy developments and technical indicators to make informed investment decisions.