$BTC / USDT Market Update 🍒🍒

Bitcoin's current price is $103,984.13, with a 0.24% increase in the last 24 hours. The cryptocurrency market cap stands at $2.06 trillion, and the global crypto market cap is $3.34 trillion. Here's a breakdown of the current market situation ¹ ²:

- *Key Price Levels:*

- Current Price: $103,984.13

- Open Price: $103,730.15

- High Price: $105,086.42

- Low Price: $103,345.06

- *Market Sentiment:*

- Market Fear & Greed Index: 73 (Greed)

- Institutional interest remains strong, with firms like BlackRock and Fidelity expanding their Bitcoin holdings

- *Resistance and Support Levels:*

- Immediate Support: $100,000 (psychological level and former resistance turned support)

- Major Resistance: $110,000 (next key hurdle for bulls)

- Long-Term Target: $120,000 (potential upside target if bullish momentum continues)

Some analysts predict Bitcoin could break $110,000 next, driven by ³:

- *Institutional Adoption*: Increasing investment from major financial institutions

- *Regulatory Clarity*: Favorable regulatory shifts in major markets like the US and Europe

- *Supply Dynamics*: Fixed supply and increasing demand creating a classic supply squeeze

Other notable cryptocurrency prices include ⁴:

- *Ethereum (ETH)*: $2,522.60 (0.72% decrease in 24 hours)

- *Dogecoin (DOGE)*: $0.2438 (1.18% decrease in 24 hours)

- *Litecoin (LTC)*: $101.60 (2.40% decrease in 24 hours)