Bitcoin $BTC is currently trading around $96,000, showing signs of consolidation after a strong rally earlier this year. Market momentum remains largely positive, driven by increased institutional adoption and growing confidence in Bitcoin ETFs. Despite today’s slight dip, analysts continue to forecast bullish scenarios for 2025, with some price targets extending beyond $120,000 if macroeconomic conditions remain favorable.

Investor interest is being fueled by ongoing concerns about inflation and a weakening dollar, positioning Bitcoin as a potential hedge and store of value. Meanwhile, on-chain data suggests accumulation by long-term holders is increasing, a sign of conviction in Bitcoin’s future trajectory.

Still, volatility remains a key characteristic of the crypto market. Traders are advised to stay cautious, use stop-loss strategies, and avoid overexposure. As Bitcoin continues to mature, it’s becoming clear that it is no longer just speculative—it's steadily gaining ground as a mainstream financial asset.