$BTC The price of Bitcoin today is approximately $117,751, down slightly by around -0.04% from the previous close, with a highest price recorded today at $118,171 and a lowest price at $116,821. Current price: about $117,750
Reasons for the rise: Large inflows from ETF funds, regulatory and institutional support, and the liquidation of short positions.
Future forecasts: Targeting levels between $120,000 to $134,500 if the momentum continues.
Important support levels: at ~ $108,300
Precautions: Volatility is possible, especially with regulatory interventions or changes in economic policies.
Overall, Bitcoin stands today at the peak of a bullish wave supported by system strategies and institutional interest, reinforcing the hypothesis of a continuing upward trend, with a need to closely monitor fundamental and technical indicators.