$BTC
Bitcoin is currently trading around $104,099.99, with a market capitalization of $2.06 trillion. The cryptocurrency has seen a 1.18% increase in price over the past day, with its price hovering between $101,383.07 and $104,466.01.
*Key Statistics:*
- *Current Price*: $104,099.99
- *Market Capitalization*: $2.06 trillion
- *24-hour High*: $104,466.01
- *24-hour Low*: $101,383.07
- *Percent Change*: 1.18%
*Market Sentiment:*
The market sentiment around Bitcoin is currently bullish, with a "greed" zone indication on the Fear & Greed Index. This suggests that investors are optimistic about the cryptocurrency's potential for growth. Institutional investors have also shown strong support for Bitcoin, with significant inflows into BTC spot ETFs ¹.
*Resistance and Support Levels:*
- *Resistance Levels*: $105,720, $107,300, and $109,354 (all-time high)
- *Support Levels*: $100,790, $91,700, and $82,765
*Future Predictions:*
Some analysts predict that Bitcoin's price could reach between $180,000 and $200,000 this year, driven by factors such as USD weakness and growing demand for safe-haven assets. However, others caution that the market can be unpredictable and that flexibility is key ².