$BTC Today, Bitcoin (BTC) is trading in the range of $96,400 to $97,800, showing positive momentum amidst a strengthening market sentiment. This increase is driven by hopes for an improvement in global trade relations and the entry of large institutional funds. However, many analysts warn that if BTC approaches $99,000, the potential for profit-taking could trigger selling pressure. On the other hand, the U.S. government's measure to form strategic Bitcoin reserves further reinforces the legitimacy of BTC as a national asset. With adoption continuing to rise, Bitcoin reaffirms its position as the backbone of the digital asset ecosystem.
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