Bitcoin Price Nears $108K Again, Eyes Breakout Amid Market Calm

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Despite short-term fluctuations, most experts believe that Bitcoin has a bright future. Many forecasts suggest that the price could reach $168,000 by the end of 2025 if adoption and demand continue to rise. Over the next five years, predictions range from $250,000 to $900,000, depending on how quickly institutions adopt Bitcoin and how the global economy evolves.

These long-term views are based on key assumptions, such as growing demand, limited supply due to halvings, and the use of Bitcoin as a global financial tool. As more countries and corporations explore digital currencies, Bitcoin is likely to remain at the center of this transformation.

Bitcoin continues to trade in a tight range near $107,000, with the market waiting for the outcome of the large options expiry. While short-term price action is muted, the broader trend remains positive. Technical indicators show that buyers are defending support levels, and on-chain data confirms that miners and institutions are accumulating rather than selling.

Price movement in the coming days will depend on whether Bitcoin can break above resistance or fall below key support. Regardless of short-term direction, the long-term outlook for Bitcoin remains optimistic, with strong backing from large investors, growing use cases, and increased clarity in regulations.