$BTC Bitcoin (BTC) is trading at approximately $97,181 USD, reflecting a modest increase of about 0.38% over the past 24 hours.
Throughout this week, Bitcoin's price has shown resilience, fluctuating within a range of approximately $93,850 to $97,881. This stability follows a significant 27% surge in April, during which BTC rebounded from around $74,000 to over $94,000.
Analysts have observed signs of market fatigue, suggesting a potential short-term pullback. However, the long-term outlook remains optimistic, with predictions that Bitcoin could reach between $112,000 and $122,000 by the end of May, assuming favorable market conditions such as strong ETF demand and interest rate cuts.
It's important to note that while Bitcoin's dominance over altcoins has strengthened, indicating a renewed focus on "digital gold," investors should remain cautious and monitor market trends closely.
For real-time updates and detailed historical data, platforms like YahooFinance, CoinMarketCap and CoinGecko offer comprehensive insights into Bitcoin's market performance.