$BTC
Bitcoin is on the move! 🚀 Here's what's happening:
*Current Price*: Bitcoin is trading at $102,815.13 with a 0.92% decrease in the last 24 hours.
*Market Trends*¹:
- *Resistance Zone*: Bitcoin faces resistance at $105,000, which it recently approached but couldn't break through.
- *Support Level*: The current support level is around $102,700, with potential for further consolidation.
- *Whale Activity*: Bitcoin whales have resumed holding despite increased spending among long-term holders.
*Future Outlook*² ³:
- *Prediction*: Analysts predict Bitcoin could reach new highs before the end of May, driven by steady capital inflows and bullish technical data.
- *Adoption*: Ukraine is considering partnering with Binance to create a national strategic Bitcoin reserve, potentially boosting adoption.
*Key Stats*⁴:
- *Market Cap*: $2.04 trillion
- *24h Trading Volume*: $49.35 billion
- *Circulating Supply*: 19.86 million BTC
What's your take on Bitcoin's current trend? Share your thoughts! 💬 #Bitcoin #BTC #CryptoMarket #Binance