
Bitcoin is gaining bullish momentum with analysts targeting a price of $115,000 by December. This optimism is driven by continuous inflows into US spot Bitcoin ETFs and strong institutional investor participation, which supports demand and buying pressure. Technical indicators and derivative markets also suggest a continuation of the upward trend, with Bitcoin maintaining key support above $100,000. However, the outlook depends on external factors like US Federal Reserve policies and macroeconomic conditions, which could introduce volatility and affect investor sentiment.