$BTC updates

📈 Market Overview

• Current Price: $104,023

• 24h Change: +0.68%

• 24h High / Low: $104,305 / $102,934

• Market Cap: $2.07 trillion

• 24h Volume: $50.13 billion  

Bitcoin is exhibiting bullish momentum, trading above the key support level of $101,383. Analysts are watching the $104,466 resistance zone for potential breakout confirmation. 

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📊 Technical Insights

• Bullish Scenario:

• Entry Zone: $102,500 – $103,800

• Targets: $105,000 / $106,500 / $108,000

• Stop Loss: $101,200

• Bearish Scenario:

• Entry Zone: $101,200 – $101,900

• Targets: $99,500 / $97,000

• Stop Loss: $103,000  

A recent breakout from a falling wedge pattern suggests a potential move toward the $105K zone if bullish pressure persists. 

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🌐 Notable Developments

• U.S. Government Holdings: The U.S. government’s cryptocurrency holdings have increased to $21.156 billion, including 198,012 BTC valued at approximately $20.69 billion.

• Ukraine’s Bitcoin Reserve: Ukraine is preparing legislation to establish a national strategic Bitcoin reserve, currently holding approximately 46,351 BTC valued at around $4.8 billion.  

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🎉 Upcoming Event

Binance is celebrating the 15th anniversary of Bitcoin Pizza Day by offering users the chance to share in $5 million worth of BTC. Participants can refer friends and unlock Pizza Boxes worth up to $20 in BTC for each referral.