The current price of Bitcoin (BTC) is approximately $87,246, with a slight decline of 0.37% in the past 24 hours and a market cap of about $1.74 trillion. Despite market fluctuations since December, with a quarterly decline of 23.22%, it has recently stabilized above $108,000, indicating a recovery in bullish momentum.
From a technical perspective, BTC has rebounded from $86,000 to a high of $87,500, influenced by the Bank of Japan's interest rate hike, which has weakened the yen and improved sentiment in the cryptocurrency market. Historical data shows that it reached a high of $92,744 on December 12, with recent lows stabilizing around $89,000.
Several institutions predict a price range of $113,000 to $127,000 by the end of 2025, with CoinCodex optimistic about a steady rise to $118,448 to $144,587, while Changelly takes a more conservative view, expecting a correction in December but an overall bullish outlook. In the long term, it may retrace to $99,833 to $125,700 in 2026, followed by a strong rebound above $320,454 after 2027, even reaching up to $961,153 by 2030. Trading strategy recommendations: focus on the short-term support at 108K, target 124K, with the main upward momentum already initiated, and be cautious of channel-style adjustments. ETH and emerging meme coins like 1000PEPE are also affected by BTC's movements, so monitor for signs of capital inflows.
$1000PEPE
