*Bitcoin Predictions for Today*
The current price of Bitcoin is $96,221.65, with a variation of -0.42% in the last 24 hours. Below, I present some data and analysis to better understand the Bitcoin market today ¹:
- *Price*: $96,221.65
- *Variation in 24 hours*: -0.42%
- *Market capitalization*: $1.89 trillion
- *24-hour trading volume*: Not available in real-time, but according to eToro, the trading volume in the last 24 hours amounts to $24.9 billion
- *Daily range*: $96,132.67 - $97,895.68
- *52-week range*: $48,569.59 - $108,125.82
*Analysis and Predictions*
Some experts predict that Bitcoin could reach $100,000 in the short term, although futures traders are exercising caution. MicroStrategy's Bitcoin strategy has been highlighted recently, which could influence the market ².
*Factors Influencing Bitcoin's Price*
- The global economy and geopolitical events can affect the cryptocurrency market.
- Institutional and retail investment is an important factor in determining Bitcoin's price.
- The boom and bust cycle of Bitcoin, which repeats every 4 years, could influence the current price.
- The Bitcoin halving, which occurs every 4 years, has been a catalyst for price growth in the past ³.
