#BTCBackto100K Ah, the magic number! While it's exciting to think about Bitcoin reaching $100,000 again, and it has indeed flirted with that level recently, it is currently trading a bit below that in the range of $98,000 - $99,000 at the end of Thursday, May 8, 2025.

Whether it will reach $100K and beyond involves a complex interaction of factors, and predictions vary. Here’s a look at what is being discussed:

Factors that could drive Bitcoin higher:

* Increased Adoption: Greater acceptance by businesses and institutions could boost demand.

* Limited Supply: Bitcoin's fixed supply of 21 million coins inherently creates scarcity as adoption grows.