$BTC Bitcoin's price has surged to over $97,000, marking a significant rebound from its April low of $74,500. Analysts attribute this rally to growing institutional interest, favorable U.S. regulatory shifts, and the establishment of a U.S. strategic bitcoin reserve. Standard Chartered forecasts Bitcoin could reach $120,000 by Q2 2025, with potential highs of $200,000 by year-end. Strategy (formerly MicroStrategy) reported a $4.1 billion gain in Q1 and increased its 2025 bitcoin target to $15 billion. Despite initial market indifference, President Trump's executive order to create a national bitcoin reserve is expected to bolster long-term adoption. However, some investors remain cautious, awaiting clearer regulatory frameworks for stablecoins and crypto ETFs.