$BTC Current Price: Approximately $88,287 USD

24-Hour Change: Up by around 0.97%

Intraday High/Low: High of $88,542 and low of $86,639

Trend: BTC has recently broken out of a consolidation range ($83,000–$86,000) and is showing signs of a potential rally toward the $90,000–$92,000 range.

Market Sentiment: Generally bullish, despite broader economic challenges such as a downturn in U.S. stocks and a weakening dollar.

Government Outlook: Supportive stance from U.S. leadership, including discussion of a government Bitcoin reserve.

Future Outlook: Analysts remain optimistic, with some predicting BTC could reach up to $160,000 by the end of 2025, driven by ETF inflows and expected rate cuts