Bitcoin has been trading in a narrow band near $108,000, with underlying demand pointing to a potential upward trend.
Institutional involvement is increasing, with growing ETF inflows and corporate treasuries accumulating Bitcoin, indicating strong market positioning.
Supportive macro forces like U.S. market highs and potential fiscal stimulus make Bitcoin more attractive, along with a positive shift in regulatory attitudes.
Experts believe institutional capital could mitigate post-halving decline, projecting Bitcoin to potentially reach $135,000 in Q3 and surpass $200,000 by year-end.