Bitcoin's price has been volatile, reaching over $111,900 and now trading around $109,060 with a 3.30% increase over the week.
There are predictions that Bitcoin could hit $120,000 by the end of the week, with some traders questioning the basis of such forecasts.
Robert Kiyosaki believes Bitcoin's scarcity will drive prices higher, with less than 2 million coins left to be mined and predicts a $250,000 price by the end of 2025.
Technical indicators show a 60% win rate for Bitcoin in the past 30 days, with price swings averaging 5.24% and a current Greed Index reading. Predictions suggest Bitcoin could reach $119,495 by June 26, 2025.