Bitcoin's price has indeed surged past $100,000 again, driven by the announcement of a US-UK trade deal and positive sentiment among traders. Here are the latest updates ¹:
- *Current Price*: Bitcoin is trading at $101,525, with some fluctuations around $100,837.
- *Market Sentiment*: The crypto market capitalization has crossed $3.21 trillion, with meme coins and nearly all tokens in the top 100 rallying.
- *Trader Sentiment*: Over $118 million in shorts were liquidated in the last 24 hours, indicating a shift in market sentiment.
- *Technical Analysis*: Key momentum indicators like the Moving Average Convergence Divergence (MACD) and Relative Strength Index (RSI) suggest an underlying bullish momentum in Bitcoin's price trend.
- *Predictions*: Experts predict Bitcoin could reach $138,617 by the end of 2025, with some forecasts suggesting a potential climb to $150,000 or even $200,000.
- *Resistance Levels*: Bitcoin's price needs to break above the $88,000 resistance level to potentially spark a rally toward $100,000-$110,000.
- *Support Levels*: The $76,000 yearly average is considered crucial for maintaining bullish momentum, with a breach potentially triggering a deeper correction.
Keep an eye on market developments and expert analysis for further insights.#BTCBackto100K #BTCtrade