$BTC Bitcoin's current price is $99,287.97, and it's possible that it could hit $100,000 today, given its recent surge and positive market sentiment. Here are some key factors that might influence its price :

- *Recent Price Movement*: Bitcoin broke above $99,000 late Wednesday evening and is nearing the $100,000 mark, with a 2.83% increase in the last 24 hours.

- *Institutional Interest*: Large wallets holding 10 to 10,000 BTC have accumulated 81,338 BTC over six weeks, indicating renewed institutional and high-net-worth investor confidence.

- *Market Sentiment*: Analysts expect increased volatility due to Donald Trump's announcement and the Federal Reserve's decision on interest rates. Some predict a potential price breakthrough, while others caution about market manipulation.

- *Technical Analysis*: Bitfinex highlights $95,000 as a critical support level, and if Bitcoin holds above this mark, it could lead to fresh all-time highs.

- *Spot Bitcoin ETF Inflows*: BlackRock's IBIT has recorded $6.96 billion in net inflows since the start of 2025, surpassing the SPDR Gold Trust (GLD) in popularity.

While it's uncertain whether Bitcoin will sustainably hit $100,000 today, the current market trends and investor sentiment suggest it's possible. However, buyers must defend and retain the $100,000 level for a sustained uptrend .