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๐ Bitcoin Price Overview โ May 18, 2025
Current Price: $BTC 103,834
24h Change: +0.87%
24h Range: $BTC 102,746 โ $104,005
Market Cap: Approximately $2.06 trillion
Circulating Supply: 19,865,290 BTC (95% of max supply)
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๐ Technical Analysis & Market Sentiment
Resistance Levels: Immediate resistance is at $105,700. A breakout above this could propel BTC toward $110,000 and potentially a new all-time high.
Support Levels: Strong support is observed at $100,000, with a secondary support at $86,939.
RSI (Weekly): 64.32, indicating room for further upside before entering overbought territory.
Whale Activity: A significant investor has opened a $390 million long position with 40x leverage, signaling strong bullish sentiment.
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๐ฎ Expert Predictions
Short-Term Outlook: Analysts predict BTC could test the $BTC 120,000 resistance in the near term, driven by bullish momentum and market dynamics.
Long-Term Projection: Some forecasts suggest Bitcoin's market cap could reach $20 trillion within five years, reflecting growing institutional adoption and market maturation.
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๐ฅ Live Market Analysis
For a detailed visual analysis of Bitcoin's current market trends, you can watch the following video:
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If you have any specific questions or need further details on Bitcoin's market trends, feel free to ask!