$BTC

Price Update: BTC is trading at approximately $95,327, reflecting a 10% weekly gain and its highest level since late 2024.

Bullish Forecast: Standard Chartered projects BTC could reach $120,000 in Q2 and potentially $200,000 by year-end, driven by institutional interest and shifting investor sentiment.

Corporate Accumulation: Public companies have significantly increased their BTC holdings in April, with Strategy (formerly MicroStrategy) acquiring over 15,000 BTC.

Regulatory Developments: The UK has introduced new regulations for crypto exchanges and dealers, aligning its approach with that of the US.

Technical Indicators: BTC is consolidating below the key resistance level of $95,150, with bullish signals observed across various technical indicators.