$BTC
Bitcoin's current price is around $94,197.98, with a 0.12% increase in the last 24 hours. Its market capitalization stands at $1.87 trillion. Here are some key updates ¹ ²:
- *Price Range*: Bitcoin has traded between $92,860.81 and $94,525.04 in the last 24 hours.
- *Resistance Level*: It faces immediate resistance at $96,000, with potential for another upward move if it breaks through this level.
- *Support Level*: Bitcoin's support remains at $90,500.
- *Whale Accumulation*: There's been a sharp rise in whale accumulations, with wallets holding over 10,000 BTC increasing from 124,000 to 137,600 over the past month, indicating growing investor confidence.
- *Market Sentiment*: Analysts believe Bitcoin is poised for further growth, with some predicting prices between $130,000 and $200,000 by Q4 2025.
Some experts also highlight the following trends ³:
- *Institutional Investment*: Robust Bitcoin ETF inflows of over $3 billion indicate strong institutional interest.
- *Market Volatility*: The crypto market remains volatile, with potential for price swings.
- *Adoption*: Growing adoption and mainstream acceptance are expected to drive further growth.