$BTC is exhibiting strong bullish momentum as it approaches the $100,000 threshold, currently trading at approximately $103,178. Analysts anticipate a potential surge to $112,938 by May 11, 2025, representing a 9.55% increase from current levels . This optimism is fueled by institutional interest, including significant inflows into spot Bitcoin ETFs, and favorable macroeconomic conditions . Technical indicators highlight key resistance at $107,000 and $120,000, with support levels at $92,000 . While the overall outlook is bullish, investors should remain cautious of potential volatility and monitor macroeconomic factors that could influence market dynamics.