#BTCBackto100K Bitcoin is indeed flirting with the $100,000 mark again. As of today, its price is around $102,365.08, with a 5.78% increase in the last 24 hours. This surge is attributed to various factors, including ¹ ²:

- *Macro-Driven Factors*: Expectations of Fed rate cuts and Trump's vocal push for lower interest rates have boosted risk assets.

- *Institutional Inflows*: Strong institutional inflows, ETF demand, and whale accumulation provide solid support for a sustained move higher.

- *Trade Deals*: The announcement of a US-UK trade deal has fueled the crypto rally, with Bitcoin's price crossing $100,000 and hovering around $101,525.

- *Correlation with Gold*: Bitcoin's rising correlation with gold, with a 30-day Pearson correlation coefficient of 0.61, has also contributed to its price increase.

Some analysts predict that Bitcoin could reach even higher levels, with targets ranging from $120,000 to $250,000. Specifically ³ ²:

- *Fundstrat's Tom Lee*: Predicts a $250,000 peak if the US Treasury allocates 0.5% of reserves to Bitcoin.

- *Standard Chartered*: Forecasts $200,000 due to $