$BTC
Bitcoin is currently trading above $103,000 after surpassing the $100,000 mark for the first time since February. Predictions indicate the possibility of reaching $120,000 in the second quarter of 2025, with a potential price correction later on. Some analysts see the possibility of it hitting $250,000 by the end of the year, supported by institutional adoption. Key influencing factors include reports on the US economy such as the Consumer Price Index (CPI), geopolitical developments among major powers, and increased institutional investments in Bitcoin funds. Analysts advise caution, while monitoring support and resistance levels, especially $100,000 and $105,000. The market shows bullish momentum but remains susceptible to volatility, so it is preferable to make well-considered investment decisions.