BTC going to again $BTC #CryptoCharts101 111,000
Bitcoin's current price is $108,385.23, with a 2.19% increase over the last 24 hours. While it's unlikely to reach $111,000,000, it has recently surpassed $111,000, reaching an all-time high of $111,878.
*Recent Price Movements:*
- *All-Time High*: $111,878
- *Current Price*: $108,385.23
- *24-Hour Change*: +2.19%
- *Market Cap*: $2.09 trillion
*Predictions:*
- *Short-Term*: Polymarket bettors predict Bitcoin will hit $115,000 in the next nine days with a 64% chance.
- *Long-Term*: Standard Chartered's Geoff Kendrick forecasts Bitcoin reaching $120,000 by the end of this quarter, while Mateusz Kara predicts $150,000 this year ¹ ².
*Market Trends:*
- Institutional investors have poured almost $3 billion into spot Bitcoin ETFs in May.
- Bitcoin whales have accumulated $122 billion worth of Bitcoin in the last two months, driving capital influx into the market ¹.
