#BTCBackto100K Bitcoin is indeed on track to hit $100,000 again, according to recent forecasts. Here are some key points to consider ¹ ²:

- *Current Price*: Bitcoin's current price is around $102,920, with a 3.53% increase in the last 24 hours.

- *Resistance Levels*: The cryptocurrency is facing resistance at $95,000-$95,500, but if it breaks through this range with strong volume, it could surge toward $100,000 and beyond.

- *Institutional Demand*: Growing institutional interest is supporting Bitcoin's price, with US Bitcoin spot ETFs recording a total inflow of $1.13 billion and companies like Metaplanet and MicroStrategy investing heavily in BTC.

- *Market Sentiment*: Analysts remain bullish on Bitcoin's prospects, with some predicting prices could reach $200,000 by the end of 2025.

- *Seasonality*: Historically, May has been a positive month for Bitcoin, with average returns of 7.4% and a median return of around 1%.

Overall, it seems that Bitcoin's momentum is strong, and it could potentially reach $100,000 in the near future. However, the cryptocurrency market is known for its volatility, so caution is advised.