Bitcoin Today: Heading to $100K? Experts Say Yes šš
Bitcoin ($BTC ) is currently trading at around $95,400 this Tuesday (April 29), up 1.27% in the last 24 hours, according to CoinMarketCap. Analysts believe the cryptocurrency could reach $100,000 in the coming days, driven by
programmed scarcity and increasing institutional demand.
A recent āGolden Crossā on BTCās weekly chart ā a rare technical indicator that historically precedes major price rallies ā is fueling optimism among traders.
In addition, U.S. Bitcoin ETFs recorded $591 million in net inflows on Monday, with BlackRockās fund leading the way, showing strong interest from institutional investors.
Geoff Kendrick, an analyst at Standard Chartered, predicts that Bitcoin could hit $120,000 by Q2 2025, as global economic uncertainty and institutional adoption continue to grow.
With a maximum supply of 21 million coins and rising demand from both retail and institutional players, Bitcoin is approaching a historic milestone.
The big question is: Are you ready for this next phase?
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