Bitcoin is currently trading around $107,249.8, experiencing a 1.85% drop in the last 24 hours. Geopolitical tensions, like the potential Israel-Iran conflict, are creating a "risk-off" sentiment, despite positive news like the US-China trade deal and increasing institutional adoption by companies like Evertz Pharma. While some technical indicators suggest a potential bullish trend, others warn of a "bull trap" or a possible dip below $100,000. Long-term predictions remain highly optimistic, with some analysts forecasting prices well over $700,000 by 2030, but short-term volatility is expected.
