$BTC

$BTC #BTC🔥🔥🔥🔥🔥 Here's the latest news update on Bitcoin (BTC):

*Current Price:* Bitcoin is currently trading at $96,692.45, with a 1.88% increase, reflecting a rise of $1,787.61 from its open price of $94,892.83.

*Recent News:*

- *Galaxy Digital Eyes Nasdaq Listing*: Mike Novogratz's Galaxy Digital is seeking shareholder approval to list on Nasdaq, potentially expanding its reach in the financial market.

- *Bitcoin ETFs Expected to Surge*: Bitwise CIO Matt Hougan predicts a surge in demand for Bitcoin ETFs from Wall Street wirehouses in 2025, potentially driving institutional inflows.

- *Bitcoin Price Forecast*: Analysts predict Bitcoin could reach $100,000, with some forecasts suggesting potential highs of $150,000 or even $200,000 by the end of 2025, contingent on market conditions and government adoption.

- *Market Trends*: Bitcoin's recent price surge is supported by strong institutional demand, with US spot ETFs recording a total inflow of $2.68 billion. The Relative Strength Index (RSI) is currently at 70, indicating potential overbought conditions ¹ ² ³.

*Key Support and Resistance Levels:*

- *Support:* $95,000 and $85,500

- *Resistance:* $97,700 and $100,000

Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. These forecasts and trends are subject to change based on market conditions and other factors.$BTC