$BTC Bitcoin's current price is $86,771.60, with a 2.56% increase. Here are some key details ¹:

- *Market Cap*: $1.68 trillion

- *Open Price*: $84,604.11

- *High Price*: $88,465.99

- *Low Price*: $84,451.68

- *Previous Close Price*: $84,604.11

Some factors contributing to Bitcoin's bullish trend include:

- *Institutional Investment*: Companies like MicroStrategy continue to invest heavily in Bitcoin.

- *Technical Indicators*: The Relative Strength Index (RSI) and the Bitcoin Rainbow Chart suggest Bitcoin hasn't peaked yet.

- *Market Sentiment*: Positive news like softer US CPI data can boost investor confidence.

However, potential risks include:

- *Global Economic Instability*: Events like the US-China trade war could impact Bitcoin's price.

- *Volatility*: Bitcoin's price can fluctuate rapidly, with potential bearish moves.

Analysts predict potential targets of $90,000 to $118,000 or even $250,000. It's essential to monitor the situation closely and consider potential risks and opportunities.