$BTC is in an interesting phase. The current price of BTC is around $105,000 USD / €91,000 EUR, with a slight fluctuation in the last 24 hours. It has experienced significant growth in the last year, surpassing 50%.

Short-term outlook:

The general consensus among analysts suggests that Bitcoin may experience a short-term correction before continuing its upward trajectory. Some forecast that it could retreat to the $100,000 - $104,000 USD range before a new push.

Several key factors will influence its movement:

* Macroeconomic data: Events such as the CPI (Consumer Price Index) data in the United States can create volatility. High inflation could negatively impact Bitcoin.

* Institutional adoption: The continued influx of institutional investors through spot Bitcoin ETFs remains a positive catalyst, bringing stability and legitimacy to the market.

* Historical events: The Bitcoin "halving" that occurred in April 2024, which reduces the block reward, has historically preceded bullish cycles. This pattern is expected to drive prices in 2025.

* Technical analysis: Some technical indicators suggest that Bitcoin could reach a cycle high in mid-2025, possibly in the range of $140,000 - $150,000 USD. However, there are also models pointing to potential "bull traps" that could bring the price below $100,000.

In summary, short-term volatility is expected, with the possibility of a correction, but the overall trend remains bullish for Bitcoin, driven by increasing institutional adoption and the effects of the halving. As always, the cryptocurrency market is unpredictable, and investments carry risks.