$BTC

Bitcoin is currently trading around $105,800, showing slight gains with a bullish sentiment prevailing in the market. Technical indicators suggest Bitcoin is consolidating near key support levels around $104,000 to $105,000, with potential resistance near $106,400. Despite recent volatility and geopolitical tensions, Bitcoin remains resilient, supported by institutional inflows and ETF momentum. Analysts forecast Bitcoin could rise toward $120,000 by mid-2025, with some bullish predictions reaching $130,000 to $150,000 by year-end. The market shows cautious optimism, with oversold signals hinting at a possible short-term bounce and a strong long-term bullish outlook.