$BTC

*Current Price:* Bitcoin is currently trading at $94,855, with a 0.59% decrease. The price has been consolidating around $94,000 after a 10% weekly surge.

*Recent Developments:*

- *Arizona Reserve Plans:* Arizona's proposal to create a state-backed Bitcoin reserve has sparked interest and debate, potentially paving the way for more institutional investment and economic growth.

- *Corporate Demand:* Continued investments from BlackRock's ETF may provide structural support for Bitcoin's price appreciation.

- *Coinbase's Bitcoin Yield Fund:* Coinbase has launched a Bitcoin Yield Fund, offering non-US investors 4-8% annual returns paid directly in Bitcoin.

*Market Analysis:*

- *Resistance Levels:* Bitcoin is attempting to flip key resistance levels, with $100,000 being a major target.

- *On-Chain Data:* Healthy market fundamentals and steady buying at lower trading ranges hint at a potential rally.

- *Liquidity Support:* Bitcoin's price upside depends on liquidity support and clear decoupling from equities .

*Expert Forecasts:*

- *$115,000 Target:* Strong buyer demand could drive Bitcoin's price to $115,000.

- *New All-Time Highs:* On-chain data highlights healthy fundamentals, potentially paving the way for new all-time highs.