📈 Bitcoin Price Update – May 11, 2025

Bitcoin (BTC) continues its bullish momentum, currently trading at $104,082, marking a 0.57% increase over the past 24 hours. The day's trading range spanned from $103,127 to $104,857.

🔍 Key Developments

Institutional Investments:$BTC MicroStrategy's Bitcoin holdings have yielded an unrealized profit of $20 billion, underscoring significant institutional confidence in BTC.

Whale Activity: A notable Bitcoin $BTC whale recently purchased $93.75 million worth of BTC, indicating strong bullish sentiment among major investors.

Market Predictions: Analysts forecast that Bitcoin could reach new all-time highs, with projections suggesting a rise to $120,000 in the near term.