$BTC Bitcoin (BTC) is currently trading at approximately $86,014, reflecting a slight decrease of 0.01082% from the previous close. The cryptocurrency reached an intraday high of $91,093 and a low of $85,345.

This price movement follows President Donald Trump's recent executive order to establish a U.S. strategic bitcoin reserve. The plan involves utilizing approximately $17 billion worth of bitcoin seized in criminal or civil asset proceedings. However, the initiative disappointed some traders who had anticipated large-scale government purchases of digital assets, leading to a slight selloff in the market.

Despite this minor downturn, analysts remain optimistic about Bitcoin's long-term prospects. Some predict that surpassing certain price thresholds, such as $95,000, could trigger a rapid ascent toward targets between $130,000 and $140,000.

Please note that cryptocurrency markets are highly volatile, and prices can change rapidly.