$BTC Bitcoin BTC is currently trading at 88630 USD, showing a 0.52% increase in the last 24 hours. The intraday high reached 91093 USD, while the low touched 84971 USD. Recent market trends indicate strong institutional interest, with analysts predicting a potential surge beyond 120000 USD if regulatory conditions remain favorable.

However, short-term volatility is influenced by macroeconomic factors, policy shifts, and whale activity. Bitcoin’s dominance in the crypto market continues to grow, with increasing ETF adoption, corporate holdings, and retail demand driving its momentum. On-chain data suggests high accumulation among long-term holders, signaling confidence in Bitcoin’s long-term potential.

Market sentiment remains mixed, with analysts forecasting a bullish breakout or a pullback to 77000 USD, depending on global economic conditions. Investors should closely monitor whale movements, exchange inflows, and regulatory updates to navigate the market effectively.

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