$BTC

Bitcoin ($BTC) is currently trading at $98,763, with a market capitalization of $1.88 trillion. Here's a brief overview ¹:

- Current Price: $98,763

- Open Price: $96,490

- High Price: $99,419

- Low Price: $95,784.61

- previous Close Price: $96,490

- Change: 2.36%

Experts predict Bitcoin's price to surge, potentially reaching $100,000 and beyond, driven by growing institutional adoption, favorable post-halving supply dynamics, and robust on-chain fundamentals. Some forecasts include ²:

Standard Chartered: $200,000 by the end of 2025, with a potential glide path to $500,000 in 2028

VanEck: $180,000 in 2025, with a dual-peak cycle scenario

-ARK Invest: $1.2 million base case by 2030, with a bull case of $2.4 million

Key support and resistance levels to watch include:

Resistance Levels: $95,000 (current resistance), $100,000 (psychological level), $104,000 (local peaks), and $109,000 (historical maximum)

Support Levels: $90,000-$92,000 (consolidation support zone), $89,000 (January 2025 lows), $82,000 (late February/early March minimums), and $74,000 (early April minimums).