$BTC Bitcoin's current price is $118,822.94, with a high of $119,376.00. It's likely to continue its upward trend, driven by ¹ ²:

- *Institutional demand*: Growing interest from institutions and sustained inflows into Bitcoin spot ETFs

- *Macroeconomic factors*: conditions, including potential interest rate cuts and fiscal expansion

- *Regulatory clarity*: Clearer regulations, such as the EU's MiCA, contributing to increased demand

Analysts predict Bitcoin could reach $120,000 or even $130,000. However, caution is advised due to market volatility. The current price surge is also attributed to the US dollar index dropping to its lowest level in three years ³.$BTC #BTC走势分析