$BTC Bitcoin is currently experiencing some fluctuations, trading around $103,898, reflecting a slight dip in the last 24 hours. The market has seen a bounce back after a recent drop below $103,000 due to geopolitical tensions, with strong institutional demand evident from significant inflows into US-listed Bitcoin ETFs.

While short-term technical indicators suggest a bearish sentiment, a bullish reversal pattern is noted on the 3-hour chart. Overall, the market remains volatile, with prices potentially testing support levels around $102,400. The long-term outlook, however, remains optimistic with predictions ranging from $120,000 to $200,000 by 2025.