Bitcoin ($BTC ) is once again in the spotlight, trading above $98,000 after breaking the psychological $100,000 barrier earlier this month. As the crypto market’s pioneer, Bitcoin commands approximately 48.5% of market dominance, showcasing its unrivaled influence in shaping market trends.

What’s driving BTC’s momentum? The upcoming Bitcoin halving event in April 2024 is a major catalyst, historically leading to significant price surges due to reduced supply. Moreover, increasing institutional interest, with several Bitcoin ETFs awaiting approval, has bolstered confidence in BTC as a long-term investment.

Analysts predict Bitcoin could reach $120,000 by Q1 2025, with potential for even higher levels if adoption trends continue. Whether you're a HODLer or trader, BTC remains the gold standard in crypto.