Bitcoin's current price is around $85,546.77, with a 0.40% increase over the last 24 hours. Its market capitalization is approximately $1.68 trillion. Here are some key updates ¹:

- *Recent Price Movement*: Bitcoin hit $85,000 amid Michael latest signal, showing a bullish trend. Its price extends recovery to around $82,500 after a recent low of $74,508.

- *Market Sentiment*: Experts have mixed views on Bitcoin's future price. Some predict a rally to $90,000 if Treasury yields continue to fall, while others forecast a rejection to $78,000.

- *Institutional Interest*: Institutional confidence in Bitcoin remains strong, with companies like Strategy acquiring 3,459 BTC worth $285 million, boosting its total holdings to over $35.9 billion.

- *US Government Plans*: The US government is exploring options to fund America's Strategic Bitcoin Reserve, according to Bo Hines, executive director of the White House crypto council.

- *Market Predictions*: Analysts predict Bitcoin could soar to $137,000 if the US Treasury General Account continues pumping money into financial markets ² ³.$BTC $USDT