$BTC

Bitcoin's current price is around $94,062.49, with a market capitalization of approximately $1.90 trillion. Here's a brief overview .

- *Current Price*: $94,062.49

- *Market Capitalization*: $1.90 trillion

- *24-hour High*: $95,199.00

- *24-hour Low*: $93,613.66

- *Percent Change*: -0.15%

Some analysts predict Bitcoin will reach $100,000 soon, citing its recent breakout above key resistance levels and potential inflows from corporate treasuries. Bernstein analysts estimate $330 billion in inflows into Bitcoin over the next five years, driven by companies adopting Bitcoin treasury strategies.

*Recent Developments:*

- Florida has withdrawn its Strategic Bitcoin Reserve plans indefinitely.

- Bitcoin inflows from corporate treasuries are expected to surge.

- The Federal Reserve's interest rate decisions may impact Bitcoin's price.

*Technical Analysis:*

- Bitcoin is currently trading within an ascending channel, reflecting a bullish structure.

- Some analysts predict a potential pullback before continuation, while others forecast a move towards $104,550 or even $109,000 ².