$BTC Bitcoin (BTC) is trading at $104,517, reflecting a 1.97% increase over the past 24 hours. This upward movement follows the U.S.-China agreement to suspend 24% tariffs for 90 days, which has improved market sentiment and driven BTC past the $104K mark Analysts are optimistic about Bitcoin's trajectory. Standard Chartered suggests that their $120,000 target for Q2 might be conservative, citing over $4 billion in spot Bitcoin ETF net inflows in recent weeks. CryptoQuant has revised its 2025 price target to $249,000, highlighting factors such as a pro-crypto U.S. administration, potentiall interest rate reductions,

and favorable macroeconomic conditions.In the near term, the upcoming U.S. Consumer Price Index (CPI) report is anticipated to influence Bitcoin's price movements, as traders look for cues on inflation trends and potential Federal Reserve policy actions