Bitcoin surged past the $105,000 mark early Monday for the first time since January 31, 2025, according to live data from the Binance trading platform. The brief Bitcoin price surge came amid growing market speculation and renewed interest in the cryptocurrency sector.

At 04:05 am Moscow time (01:05 GMT), Bitcoin reached $105,032, posting a 0.34% intraday gain. However, just 14 minutes later, the price had dipped to $104,495, reflecting a 0.61% pullback as market volatility reasserted itself.

The last time Bitcoin crossed the $100,000 threshold was on May 8, 2025. The current price movement reflects the high-stakes swings that continue to define Bitcoin’s trading patterns, as investors react to both short-term signals and long-term projections.

Market watchers attribute the volatility to a mix of speculative momentum, profit-taking, and uncertainty surrounding upcoming monetary policy decisions by major central banks.

Analysts predict a continued rally toward $300K

Earlier forecasts shared with the Russian state news agency TASS had predicted that Bitcoin would “easily hit the $100,000 mark” and could continue to rally toward $300,000 later this year. These predictions have fueled optimism among crypto traders and institutional investors looking for high-yield alternatives amid global financial uncertainty.

Bitcoin, the world’s first decentralized digital currency, was introduced in a 2008 white paper by an anonymous figure or group using the pseudonym Satoshi Nakamoto. Unlike traditional fiat currencies, Bitcoin is powered by blockchain technology and operates without a central authority.

New Bitcoin is created through a process known as mining, where participants use computing power to validate transactions and secure the network. Since its inception, Bitcoin has gone from a fringe concept to a global financial asset, now traded across major platforms and held by leading financial institutions.

As Bitcoin continues to hover near the six-figure mark, analysts remain divided on whether it will maintain momentum or face renewed downward pressure. The Bitcoin price prediction for 2025 remains highly speculative, but the recent surge past $105,000 has reignited discussions about its potential to reach new all-time highs.

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