The current price of Bitcoin is estimated at $106,459.42, with an increase of 1.40% in the last 24 hours. The cryptocurrency is trading near its recent high, with some analysts predicting it could reach $110,000 soon.
*Current Market Status:*
- Current Price: $106,459.42
- Change in 24 Hours: 1.40%
- Highest Price: $107,985.05
- Lowest Price: $104,184.72
*Predictions:*
- Some analysts expect Bitcoin to reach $110,000-115,000 by the end of May 2025.
- Others predict a rise to $130,000-200,000 by the year's end.
- A correction may occur if Bitcoin fails to surpass $110,000.
*Influencing Factors:*
- Institutional Adoption
- Market Sentiment
- Technical Indicators