#MarketRebound Bitcoin is currently trading at around $74,000, with its price struggling to break above the 200-day Simple Moving Average (SMA) at $88,098. However, it remains above the 20-day Exponential Moving Average (EMA) of $83,704. Analysts predict a potential breakout, with resistance levels at $87,478-$88,799, and a possible surge to $100,000 if breached.
*Key Statistics:*
- *Market Capitalization*: $1.73 trillion
- *Fully Diluted Market Cap*: $1.83 trillion
- *24-hour Trading Volume*: $13.83 billion
- *Circulating Supply*: 19.85 million
- *Maximum Supply*: 21 million
*Technical Indicators:*
- *Oscillators*: Neutral
- *Moving Averages*: Neutral to bullish signals
*Price Predictions:*
- *Potential Upside*: $100,000
- *Support Levels*: $78,500 and $74,000¹
*Market Performance:*
- *24-hour Price Change*: 2.43% increase
- *7-day Price Change*: 4.17% increase
- *Year-to-date Performance*: -6.51% decrease
- *1-year Performance*: 34.31% increase
Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. For the most up-to-date information, consider checking reliable sources like TradingView or CoinMarketCap.²