$BTC Bitcoin ($BTC) is currently in a consolidation phase, trading around $104,000-$105,000, after briefly hitting peaks near $112,000. Market sentiment is mixed, with some analysts predicting a move towards $120,000-$125,000 in June 2025 and even $150,000-$250,000 by year-end. This optimism is fueled by strong institutional inflows into spot Bitcoin ETFs and anticipation of global liquidity expansion.

However, caution remains due to macroeconomic uncertainties, including ongoing geopolitical tensions and central bank policies. Recent US jobs data provided a temporary boost, but the market is also reacting to major headlines, demonstrating Bitcoin's sensitivity to both traditional finance and internal crypto developments. The long-term outlook remains positive for many, driven by its limited supply and growing adoption.