Bitcoin has been showing signs of volatility, surging to $109,114 before plummeting to around $78,248. Currently trading at $87,070, Bitcoin is displaying a 4% recovery, suggesting potential for growth.
Analysts predict Bitcoin will trade between $80K and $100K over the next couple of months. Despite the optimism, strong selling pressure has hindered gains following Trump's crypto reserve announcement. The market is experiencing a sentiment of "Extreme Fear."