$BTC

Here’s the latest update for Bitcoin ($BTC ):

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📈 Price Snapshot

Current Price: US $115,884

24‑Hour Range: $110,761 – $116,483

That’s a healthy intraday swing of about ±4.0%

Change: Up approximately $4,768 (≈ +4.3%) since yesterday

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📊 What’s Driving the Rally

Fresh All-Time Highs: BTC surged past $113 K–$114 K this week, supported by strong institutional demand and U.S. policy tailwinds .

Tight Spot Supply: Declining Bitcoin availability on exchanges is lifting prices .

On‑chain Momentum: Long-term holders are accumulating—this is boosting confidence .

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🔎 Key Levels to Watch

Support: Near $107 K–$110 K (coinciding with the 50‑day moving average)

Upside Target: Near‑term resistance lies around $140 K, with some analysts forecasting that level by year‑end

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📰 Recent Headlines

Strategic U.S. Bitcoin Reserve: The U.S. government has formalized plans to hold BTC as a reserve asset — a move that’s reinforced legitimacy and institutional backing .

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In short, Bitcoin is currently trading around $115.9K, buoyed by strong institutional flows, reduced supply, and favorable policy moves. Near‑term volatility remains high, but medium‑term momentum looks solid — key levels at $107 K (support) and $140 K (upside potential) are ones to watch.