$BTC Bitcoin is currently trading around $109K, showing resilience after briefly hitting all-time highs above $111K in May . Institutional demand remains strong—Metaplanet and Sequans have both launched bitcoin treasury strategies and raised hundreds of millions to expand holdings . U.S. policy has also been supportive: Trump’s March 2025 executive order established a federal Strategic Bitcoin Reserve, and several states—Texas among them—are adopting similar measures .

Technically, BTC is trading in a tight $107K–$110K range, with short-term analysts eyeing a breakout toward $112K or a test of $102K support . Forecasts remain bullish: some models predict highs between $120K–$200K by year‑end on continued ETF inflows and corporate adoption.