Bitcoin's current price is around $113,470.82, with a 0.26% decrease in the last 24 hours. Here's a brief analysis:
Key Statistics:
- Market Cap:$2.26 trillion
- 24h Trading Volume:$58.07 billion
- Circulating Supply:19.9 million BTC
- Max Supply:21 million BTC
Price Movement:
- 24h Range: $111,903.68 - $114,023.58
- 7d Range:$112,682.82 - $119,835.44
- All-time High: $123,091.61 (July 14, 2025)
Technical Indicators:
- Relative Strength Index (RSI):Neutral
- Moving Averages: Buy signal (50-day SMA: $112,036, 200-day SMA: $99,255)
- Bollinger Bands: Neutral
Future Outlook:
- Short-term Prediction:Bitcoin's price could reach $113,092 in the next 10 days
- Long-term Prediction:Analysts forecast Bitcoin's price to reach $369,701 by 2030
Support and Resistance Levels:
- Support: $111,909 and $114,785.88
- Resistance: $114,790 and $120,899
Market Sentiment:
- Bullish: 6 out of 6 indicators suggest a buy signal in the short term
- Bearish: Some analysts predict a potential drop to $100,000 or lower
Overall, Bitcoin's price is showing a bullish trend, with potential resistance levels at $114,790 and $120,899. However, the market is highly volatile, and prices can fluctuate rapidly DYOR always