BTC

**Bitcoin (BTC) Price Analysis and Market Update**

Bitcoin (BTC) is currently trading at **$104,557.89** against USDT on Binance, reflecting a slight decline of **0.34%** in the past 24 hours. Here’s a breakdown of key market data and recent developments:

### **Price and Trading Data**
- **24h High**: $105,220.00
- **24h Low**: $103,929.27
- **24h Trading Volume (BTC)**: 7,154.24 BTC
- **24h Trading Volume (USDT)**: $748.19 Million

### **Technical Indicators**
- **Moving Averages**:
- MA(5): 209.79479
- MA(10): 221.36845
- **Key Levels**:
- Resistance: $105,226.17
- Support: $103,500.00
- **Other Indicators**: MACD, RSI, Bollinger Bands (BOLL), and Parabolic SAR (SAR) are active for traders to analyze trends.

### **Recent Performance**
- **7 Days**: +2.96%
- **30 Days**: +0.64%
- **90 Days**: +24.33%
- **1 Year**: +61.05%

### **Market News**
The **Arizona Senate** recently passed **Bill HB 2324**, which aims to establish Bitcoin as a reserve asset. This legislative move signals growing institutional adoption and could positively influence BTC’s long-term valuation.

### **Conclusion**
Bitcoin continues to show resilience with strong trading volumes and steady support levels. Traders should monitor the $103,500 support and $105,226 resistance for potential breakout opportunities.

*(This analysis is for informational purposes only and not financial advice. Always conduct your own research before trading.)*

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