$BTC Bitcoin is currently trading near $104K, consolidating after topping $112K earlier this month. Short-term forecasts anticipate modest gains into $110K–$115K, provided the $103K support holds. For the rest of 2025, forecasts range widely—from $116K averages to bullish targets near $200K–$250K—driven by strong institutional ETF flows and strategic reserve narratives. Key risk: if $103K support cracks, it may slip toward $93K–$97K. Overall, the outlook is cautiously optimistic, but sensitive to broader macro and regulatory shifts.