$BTC Bitcoin's current price is $119,543.98, with a 1.69% increase and a market capitalization of $2.34 trillion. Recent developments include¹:
- *Institutional Investment*: US-based spot Bitcoin ETFs saw significant inflows, driving Bitcoin to new all-time highs.
- *Price Prediction*: Analysts forecast Bitcoin's price could surge to $135,000-$150,000 or even $170,000 in the near future.
- *Adoption*: Bitcoin's adoption by public companies may signal shifts in corporate financial strategies, with 36 new companies expected to add Bitcoin to their balance sheets within six months.
- *Technical Analysis*: Bitcoin has broken up from a horizontal trend channel in the short term, signaling a continued strong development. The RSI is above 70, indicating strong positive momentum.
*Key Statistics:*
- *Current Price*: $119,543.98
- *Market Capitalization*: $2.34 trillion
- *24-hour Trading Volume*: $50.68 billion
- *Circulating Supply*: 19.89 million BTC
- *Maximum Supply*: 21 million BTC
*Market Trends:*
- *Short-term*: Positive, with a score of 97
- *Medium-term*: Positive, with a score of 98
- *Long-term*: Positive, with a score of 95²
