
Bitcoin has surged past $80,000 for the first time in three months, sparking bullish forecasts that it could climb as high as $95,000. This rise follows strong inflows into US spot Bitcoin ETFs and a break above a key trend line, signaling potential momentum for a new bull market. However, traders remain divided, with some warning of a possible price drop if Bitcoin fails to sustain gains. Meanwhile, the Federal Reserve shows internal dissent on interest rate policy amid inflation concerns, and oil prices face a likely correction despite geopolitical tensions. Bitcoin's improving MVRV ratio also suggests growing investor confidence and market recovery.