#BTCtrade #TradeOfTheWeek #CryptoComeback #BTC☀ Bitcoin's current price is $103,009.37, with a 0.36% increase from the previous day. Here's a breakdown of the current market situation¹:
- *Current Price*: $103,003.00
- *24-hour Price Range*: $102,316.25 - $104,358.50
- *Market Cap*: $1.97 trillion
- *Percent Change*: 0.28%
Some experts predict Bitcoin will reach $110,000 in May due to its positive performance in diverse market conditions, strong risk-adjusted returns, and institutional buying pressure. Others are even more optimistic, forecasting prices up to $150,000 or more.² ³
As for news, here are some key updates⁴:
- *Institutional Investors*: BlackRock's IBIT recorded 18 consecutive days of inflows, while Fidelity and ARK 21Shares also saw significant investments.
- *Bitcoin Reserve*: Arizona became the second state to establish a strategic Bitcoin reserve, following a similar move by another US state.
- *Market Predictions*: Some analysts believe Bitcoin's cycle may be nearing a turning point due to tightening credit and rising volatility.
Unfortunately, I couldn't find a picture to share with you directly, but you can check websites like Cointelegraph or Finnhub for the latest Bitcoin updates and charts.$BTC