Bitcoin is currently trading around $112,000 after showing modest upward momentum but still experiencing sharp intraday swings, reflecting its highly volatile nature. Institutional investors and whales have been accumulating large amounts, suggesting long-term confidence, while leveraged liquidations exceeding $1.5 billion in recent sessions highlight the fragility of short-term sentiment. On-chain data shows long-term holders remain steady, which helps cushion sell-offs, though the reactivation of decade-old dormant wallets has raised speculation about potential large moves. Researchers note that Bitcoin’s volatility is multifractal and scale-dependent, meaning it behaves differently across short- and long-term horizons, making traditional models less effective in forecasting. The scarcity narrative tied to its capped 21 million supply continues to support a bullish long-term outlook, with forecasts ranging between $150,000 and $230,000 by late 2025 if demand holds and regulation provides clarity. However, risks remain from regulatory shifts, macroeconomic tightening, technical breakdowns, and over-crowded leveraged positions, which could drag BTC back toward $70,000–90,000 in extreme downside scenarios. For now, Bitcoin stands at a critical point where accumulation, scarcity, and institutional support fuel optimism, but volatility and external shocks could still dictate its path in the coming months#Gateperpdexislive #Joingrowthpointsdrawtowiniphone17 #Cryptomarketrebound