🧐🔥Bitcoin's current price is around $102,382, with a market capitalization of approximately $2.06 trillion. Here's a breakdown of its current analysis ¹:
*Key Stats:*
- *Current Price*: $102,382
- *Open Price*: $103,479.70
- *High Price*: $107,108.62
- *Low Price*: $102,000
- *Market Cap*: $2.06 trillion
- *24-hour Trading Volume*: $41.61 billion
*Technical Analysis:*
- Bitcoin remains above $100,000, aiming for $120,000 if it breaks the $105,787 resistance level. Failure to surpass $109,114 may trigger profit-taking, threatening the $100,000 support level.
- Oscillators are neutral, with moving averages indicating a buy signal.
- Some analysts predict Bitcoin could reach $125,000-$140,000 later in 2025, fueled by growing adoption and capital inflows ².
*Market Sentiment:*
- Risk-on sentiment prevails, driven by global trade deals, strong corporate accumulation, and spot ETF inflows.
- Institutional demand is rising, with companies like Metaplanet boosting their Bitcoin holdings.
- Analyst Willy Woo notes that Bitcoin's annual growth rate is declining as it becomes a macro asset, with an expected growth rate of about 8% over the next 15 to 20 years ² ³.$BTC $BNB
