$BTC Bitcoin's price has recently surged, breaking above $108,000 and even reaching a peak near $112,000, signaling strong bullish momentum. This rally is fueled by sustained institutional interest, evidenced by MicroStrategy's continued significant BTC acquisitions and a $1 billion stock offering to fund further buys. Analysts are eyeing $115,000 or higher by July, especially if upcoming US job data proves weaker than expected, potentially influencing Federal Reserve rate cut decisions. However, some veterans caution about potential 80% drawdowns, urging investors to prepare for market volatility despite current optimism and increasing mainstream adoption, as seen in projects like Bitcoin integration in Kenya's Kibera slum.