$BTC Bitcoin (BTC) is currently trading at approximately $104,896, reflecting a slight decline of 0.93% from the previous close.

Analysts anticipate that BTC will trade between $103,500 and $110,000 over the next week, with potential for a retest of $112,000 if it breaks above $108,000. However, increased profit-taking activity has introduced selling pressure, possibly leading to a dip toward $100,800.

Short-term forecasts suggest a modest uptick, with BTC potentially reaching around $105,374 by next week. Overall, the market exhibits cautious optimism, with investors closely monitoring key resistance levels and institutional demand.