Bitcoin (BTC) is currently trading around $105,314. Following a recent surge, it faces resistance near its all-time high of $109,356. Analysts note key support levels between $95,000 and $98,000.
The recent US-China trade talk developments have positively influenced market sentiment, potentially boosting institutional confidence. Bitcoin's market capitalization stands at roughly $2.09 Trillion. The next halving, which occurred in April 2024, reduced the block reward to 3.125 BTC, impacting supply dynamics.
