### **$BTC iSnapshot (May 13, 2025)**
- **Price**: ~$102,800 (down 1% daily, up 67% YoY).
- **ATH**: $109,228 (April 2025).
- **Volatility**: Swung between $83K–$105K this month.
### **Bullish Drivers** 🚀
1. **Institutions**: ETFs ($15B+ inflows), MARA’s 48K $BTC holdings.
2. **Regulation**: U.S. pro-crypto policies (e.g., Strategic Bi$BTC Reserve).
3. **Technical**: Descending triangle breakout target: $110K → $115K+ by June.
### **Bearish Risks** 🐻
- Macro uncertainty (trade wars, inflation).
- Regulatory crackdowns (e.g., privacy coins/DeFi spillover).
- Security risks (e.g., $1.5B Bybit ETH hack).
### **Forecasts** 📅
- **2025**: $115K–$200K (ETF adoption, halving effects).
- **2030**: $300K–$1.8M (global reserve asset potential).
