Here are five key Bitcoin trading news updates ¹ ² ³:

- *Bitcoin Price Surge*: #Bitcoin's price has surged above $116,500, with over $35 million in BTC short positions wiped out in the last 24 hours. Analysts predict potential short-term targets of $135,000 and $145,000.

- *Institutional Interest*: #Harvard University has invested in BlackRock's Bitcoin ETF, signaling growing institutional interest in cryptocurrency. This move reflects a broader trend of traditional investors entering the crypto market.

- *Market Volatility*: Bitcoin's price has been volatile, with a recent dip to $113,000 before recovering. Despite this, analysts remain optimistic about Bitcoin's potential, citing factors like global money supply growth and ETF adoption.

- *Regulatory Developments*: #The US Securities and Exchange Commission (SEC) has approved 11 spot Bitcoin ETFs, allowing investors to gain exposure to Bitcoin's price movements through traditional stock exchanges.

- *Price Predictions*: #Analysts predict Bitcoin could challenge the $120,000 to $123,218 resistance zone, with some forecasting a potential surge to $131,000 or even $140,000 in the near future.