The current market condition of Bitcoin ($BTC ) is as follows:
*Current Price:* $91,581.38 according to the latest available data on Finnhub .
*Market Capitalization:* $1.80 trillion.
*Recent Price Movement:*
- 24-hour change: +2.20% with a change of $1,972.48
- Open Price: $89,608.90
- High Price: $91,760.00
- Low Price: $87,719.28
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*Market Sentiment:* The market has experienced significant price corrections, with Bitcoin plummeting from an October peak of approximately $125,000-$126,000 to lows around $80,000-$88,500. The market remains sensitive to macroeconomic sentiment and global liquidity .
*Prediction and Forecast:*
- Short-term target (1 week): $98,500-$102,000 (+3-7%)
- Medium-term forecast (1 month): $105,000-$115,000 range
- Critical support level: $93,005 (immediate support level)
- Analysts predict Bitcoin's price to reach $105,000 to $200,000 by the end of 2025, driven by ETF inflows, institutional adoption, and bullish technical pattern
- Other predictions include:
- $131,042 by mid-November (Changelly's forecast)
- $138,000 (Blockchain.News maintains a $138,000 BTC price target based on support level rebounds)
- $150,000 (Deepwater Asset Management predicts Bitcoin will hit $150,000 in 2025)
- $180,000 (VanEck analysts foresee Bitcoin hitting $180,000 in 2025)
- $200,000 (Bitwise analysts estimate Bitcoin could surpass $200,000 by the end of 2025) .
