Bitcoin (BTC/USD) is trading at **$97,000**, maintaining strong bullish momentum in 2025. Analysts attribute this rally to increasing institutional adoption, spot Bitcoin ETF inflows, and macroeconomic uncertainty driving demand for hard assets. Key resistance lies at **$100,000**, a psychological barrier—breaking it could trigger a run toward **$120,000**.
However, some experts warn of a potential short-term pullback, with support near **$90,000**. If macroeconomic conditions weaken (e.g., Fed rate hikes, recession fears), BTC may test **$85,000**. Long-term projections remain bullish, with some forecasts reaching **$250,000+** by year-end, fueled by the 2024 halving’s supply shock and growing global adoption.
**Short-term:** Volatile, **Long-term:** Bullish.