$BTC Today, Bitcoin's price reached around $84,500, influenced by ongoing U.S.-China trade tensions and recent tariff changes. Market activity shows some bullish momentum as Bitcoin approaches key resistance near $85,000, with institutional buying also contributing to its current dynamics.

*Bitcoin Price and Market Movement*

- Bitcoin's price is hovering near $84,000 to $85,000.

- It faces "cloud resistance" at the $85K level, which is a critical point for bulls to maintain momentum.

- Technical indicators suggest a neutral risk-reward scenario for bullish traders at this resistance.

- Bitcoin options market shows a target price of $100K back in the bulls' crosshairs, indicating optimism among some investors.

*Institutional Activity*

- Metaplanet has become the 10th largest public Bitcoin holder by adding 319 BTC, bringing its total holdings to 4,525 BTC.

- MicroStrategy (now Strategy) has made a significant purchase, investing over $285 million in Bitcoin, signaling strong institutional confidence.

*Market Sentiment and External Factors*

- The U.S.-China trade war and recent tariff changes by the Trump administration have influenced Bitcoin's price movements.

- Surprising news from China has caused some volatility, with Bitcoin briefly reeling to $84K.

- Pro-crypto policies and institutional interest continue to support Bitcoin's price.