$BTC
Here’s the current Bitcoin price snapshot:
Bitcoin (BTC)
$105,167.00
-$1,688.00(-1.58%)Today
🔍 Market Overview & Near-Term Outlook
📈 Bullish Momentum Near ATH
Bitcoin recently surged past $110,000, approaching its May 22 record high (~$112,000)
Technical indicators suggest bullish patterns: a “bull flag” plus a golden cross (50‑day moving average crossing above 200‑day) support further upside, with a near-term target of $137,000 and a longer-range of $150K–$230K by year-end..
📉 Short-Term Risks & Support Levels
Pullbacks to $107K–$108K are possible, with stronger support around $103K–$104K if momentum fades nftevening..
Geopolitical events (e.g., Israel‑Iran tensions) briefly sent BTC under $104,000, highlighting that it's still influenced by broader risk-off flows ..
📊 Expert Predictions & Catalysts
🧠 Institutions & ETFs
Institutional accumulation via Bitcoin ETFs (BlackRock, etc.) now totals ~$132B in AUM—nearly a 45% increase since April—providing strong structural support .
Executives like Cathie Wood (ARK) and Tom Lee (Fundstrat) foresee $150K–$1.5M 🤯 in the coming years ...
📅 Price Forecasts
CoinCodex projects a sharp 29% rally to $137K by June 17
Bitwise suggests a fair value near $230K by end‑2025, with Standard Chartered similarly projecting $200K
BTC could reach between $180K–$221K this year
