$BTC / USDT Market Update

Bitcoin's current market value is around $105,186 to $106,642, with a market capitalization of approximately $2.09 trillion. Here are some key market metrics and news:

*Market Performance:*

- *Current Price*: $105,186 to $106,642

- *Market Capitalization*: $2.09 trillion

- *24-hour Trading Volume*: $16.15 billion to $27 billion

- *Percent Change*: -0.20% to 1.09% in the last 24 hours

*Recent News:*

- *Geopolitical Tensions*: Bitcoin's price has been affected by rising tensions in the Middle East, with some analysts predicting a potential drop to $100,000.

- *Institutional Investments*: Companies like GameStop and Mercurity Fintech Holding Inc. have shown interest in Bitcoin, with GameStop planning to raise $2.25 billion and Mercurity Fintech Holding Inc. aiming to raise $800 million for Bitcoin investments.

- *Regulatory Developments*: Vietnam has passed a digital technology law that legalizes crypto assets, while Brazil has scrapped crypto tax exemptions for small traders ¹ ² ³.

*Market Analysis:*

- *Support and Resistance Levels*: Bitcoin's support levels are around $105,000, while resistance levels are near $110,000.

- *Technical Indicators*: The Relative Strength Index (RSI