$BTC Bitcoin ($BTC) is currently trading at $94,678, reflecting a 0.75% increase over the past 24 hours. The cryptocurrency has successfully broken through immediate resistance levels, indicating a potential bullish trend.
Market analysts are optimistic, with some predicting that Bitcoin could reach between $120,000 and $210,000 in 2025, driven by institutional adoption and favorable macroeconomic conditions.
However, it's important to note that recent reports indicate zero daily inflows into major Bitcoin ETFs, suggesting a temporary pause in institutional investment.
As Bitcoin navigates these dynamics, traders are closely monitoring key resistance levels and market signals to inform their strategies.