Bitcoin $BTC is currently trading at approximately $99,344, reflecting a 2.5% increase over the past 24 hours. This surge is attributed to positive market sentiment, including the anticipation of U.S.-China trade talks and favorable regulatory developments. Notably, New Hampshire has become the first U.S. state to authorize up to 5% of its reserves to be invested in digital assets like Bitcoin, signaling growing institutional acceptance .
Bitcoin ($BTC )
Technical analysis indicates that Bitcoin recently broke out from a descending channel and pennant pattern, suggesting bullish momentum. Key resistance levels to watch are $100,000 and $107,000, while support levels are at $92,000 and $85,000 .
For real-time charts and further technical analysis, platforms like TradingView offer comprehensive tools to monitor Bitcoin's price movements .
If you're interested in exploring trading strategies or need more detailed analysis, feel free to ask!
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