The price of Bitcoin today pumped by over 0.4%, with a trading price of $97,521, and the volume decreased by 2% to $30.5 billion. It is worth mentioning that Crypto Assets reached the highest level in 24 hours, at $98,819.47, and the weekly increase reached 1.5%. In addition, the open interest of BTC futures pumped by 0.6%, indicating a recovery of market confidence in this asset.

It is worth mentioning that the BTC price prediction indicates that Cryptocurrency may hover around the $975,000 level this month. Nevertheless, many analysts remain optimistic, suggesting a possible pump to $106,000 in the near future. In addition, a recent report indicates that BTC may target the $103,000 level, with individual investors expecting to surpass the recent inflation data, which is more intense than expected.
Bitcoin price
Source: Ali Martinez, X
For example, well-known market expert Ali Martinez has indicated that the price of Bitcoin is expected to pump in the future, suggesting a quick rise to $106,000. Similarly, another expert from Ricket Capital also points out that if Crypto Assets maintain a strong level above $97,700, the pump trend may continue in the future.