$BTC Bitcoin's current price is $107,949.98 USD, with a 1.49% decrease in the last 24 hours. According to Changelly's forecast, Bitcoin's value is expected to increase by 12.05% and reach $123,070.36 by June 12, 2025.
*Short-Term Forecast:*
- Bitcoin is showing a bullish trend on the four-hour, daily, and weekly charts, with rising moving averages indicating strong short-term and long-term trends.
- The Fear & Greed Index is currently at 71, signaling "Greed" in the market .
*Expert Predictions:*
- Some experts believe Bitcoin could reach new all-time highs amid US-China trade optimism and the upcoming US CPI release.
- Others predict a potential slump to $100,000 due to market volatility and external factors like the Trump-Musk tussle .
*Long-Term Forecast:*
- Changelly's predictions suggest Bitcoin could continue to rise, but the extent of the growth depends on various market factors.
- It's essential to keep an eye on market trends, regulatory changes, and global economic conditions to make informed investment decisions .