Bitcoin$BTC is currently trading between $108,000 and $109,000 after reaching highs near $112,000. Recently, 80,000 BTC$ from dormant wallets dating back to 2011 were moved, which analysts believe was a security test rather than preparation for selling. Institutional interest remains strong, with over $50 billion in ETF inflows and more than 135 public companies holding Bitcoin. Technical indicators show continued long-term strength, supported by low exchange reserves and steady demand. Although U.S. trade tariff news caused brief price dips, Bitcoin $BTC quickly recovered. The market is now awaiting new catalysts, with analysts projecting a possible rise toward the $120,000 to $200,000 range in the coming months.
