$BTC
🚀 **Bitcoin’s Next Move: $110K or a Market Cooldown?**
Bitcoin ($BTC) is holding steady near **$104K**, but the real question is: **Where do we go from here?**
🔹 **Institutional Bulls Are Back** – Major players like **JPMorgan and Standard Chartered** are revising their forecasts upward, with targets ranging from **$110K to $200K**[](https://nftevening.com/how-high-can-btc-go-this-cycle/ "1").
🔹 **ETF Inflows Fueling Momentum** – Spot Bitcoin ETFs have seen **$13.1B in net inflows** since launch, providing a strong price floor[](https://nftevening.com/how-high-can-btc-go-this-cycle/ "1").
🔹 **Market Sentiment: Extreme Greed?** – The crypto market cap has surged past **$3.38T**, with altcoins gaining traction alongside Bitcoin[](https://invezz.com/news/2025/05/14/btc-holds-steady-near-104k-why-investors-are-looking-at-bitcoin-pepe/ "2").
But not everything is bullish…
🔻 **Bitcoin Dominance Drops** – Capital is rotating into altcoins, suggesting a potential **cooldown** or **consolidation**[](https://coingape.com/markets/bitcoin-dominance-coinbase-premium-drop-whats-next-for-btc-price/ "3").
🔻 **Fed Rate Cut Uncertainty** – While inflation is slowing, the **Federal Reserve’s next move** could impact BTC’s trajectory[](https://coingape.com/markets/bitcoin-price-forecast-btc-reaffirms-110k-target-following-softest-us-cpi-print-since-2021/ "4").
