$BTC As of May 10, 2025, Bitcoin (BTC) is trading at approximately $103,121, reflecting a 0.56% increase over the past 24 hours. The day's trading range has seen BTC fluctuate between $102,513 and $103,978.
Recent technical analyses indicate a bullish outlook for Bitcoin. A notable development is the emergence of a "bullish cross," a key technical indicator suggesting potential upward momentum in BTC's price. Additionally, Bitcoin's realized capitalization has reached a new all-time high of $890 billion, fueled by sustained accumulation from both short- and long-term holders.
Market sentiment remains optimistic, with analysts projecting potential targets for BTC ranging from $105,000 in the near term to $220,000 in the longer term, contingent on continued positive momentum and institutional interest.
In summary, Bitcoin's current performance and technical indicators suggest a strong bullish trend, with the market closely watching for further developments that could propel BTC to new heights.