$BTC As of May 4, 2025, Bitcoin (BTC) is trading around \$95,966 after recently surging past \$97,000, its highest in over two months, fueled by bullish sentiment from institutional moves like Morgan Stanley’s potential entry into spot crypto trading and MicroStrategy’s renewed investment push. Analysts remain optimistic, with Standard Chartered projecting BTC to hit \$120,000 in Q2 and Galaxy Research forecasting a rise to \$185,000 by year-end, supported by expanding spot Bitcoin ETFs. Adding to the momentum, President Trump signed an executive order in March 2025 to establish a U.S. Strategic Bitcoin Reserve, signaling growing governmental interest in Bitcoin’s strategic role in the global economy.