$BTC Bitcoin's current price is around $97,000, after a volatile Thursday when it surpassed the $100,000 milestone and underwent a sharp correction.¹ Strong institutional demand, whale accumulation, and the choice of a pro-crypto figure to lead the US SEC fueled the rally this week.

Looking ahead, some experts predict that Bitcoin will experience a 30% correction to $70,000 next. However, others remain bullish, pointing to the increasing adoption of cryptocurrencies and the potential for Bitcoin to reach new highs.

Here are some key factors that could influence Bitcoin's price in the coming months:

- *Institutional Demand*: Strong institutional demand and whale accumulation could continue to drive up Bitcoin's price.

- *Regulatory Environment*: The choice of a pro-crypto figure to lead the US SEC could lead to a more favorable regulatory environment for cryptocurrencies.

- *Market Volatility*: Bitcoin's price is known for its volatility, and a correction could occur at any time.

Overall, the future of Bitcoin's price is uncertain, and investors should do their own research and consider their risk tolerance before making any investment decisions.#BinanceMEOpening #MicroStrategyAcquiresBTC #MOVEOpening