#CryptoComeback #BTCBackto100K #BTCtrade

*Current Price*: $103,542.36, with a 4.07% increase in the last 24 hours

*Market Capitalization*: $1.93 trillion

*Recent Price Action*:

- Bitcoin has risen above $100,000, moving from the $95,500 support level and surpassing $98,000, with a peak of $104,082.

- The cryptocurrency is now stabilizing above $100,500, with on-chain data showing under 3% of Bitcoin's supply having a cost basis above the current price, indicating limited resistance past $100,000.

- Analysts predict Bitcoin will head back to $100K after logging four straight weeks of gains, with a decisive breakout above its key resistance level.

- Some analysts see potential for a massive rally, comparing current price action to mid-late 2020, where Bitcoin broke above a pivot trend line and retested it with the MA50 holding as support.¹ ²

- *24-hour Trading Volume*: $51.84 billion

- *Circulating Supply*: 19.86 million BTC

- *Max Supply*: 21 million BTC

- *All-time High*: $109,356 (January 20, 2025)