#BTCBackto100K Bitcoin (BTC) has once again crossed the $100,000 threshold, trading at approximately $102,716 USD. This resurgence is attributed to several key factors:

• Trade Agreements: A significant trade deal between the U.S. and the U.K. has eased investor concerns, contributing to the positive market sentiment. 

• Institutional Investment: There has been a notable influx of institutional funds into Bitcoin, with $5.5 billion entering digital asset funds in the past three weeks, including $1.8 billion into Bitcoin products. 

• Regulatory Developments: U.S. states like Arizona and New Hampshire have introduced legislation permitting state involvement with cryptocurrencies, signaling growing governmental support. 

Analysts project that if Bitcoin maintains its momentum and breaks through resistance levels near $106,500, it could reach new highs, with some forecasts suggesting a potential rise to $120,000 in Q2 2025.