$BTC

Bitcoin (BTC) is currently trading at approximately $105,525 USD, marking a 1.75% increase from the previous close. The intraday high reached $105,525 USD, while the low stood at $103,445 USD. The current market capitalization is $2.07 trillion, maintaining Bitcoin's dominance in the cryptocurrency market.

The recent surge in Bitcoin’s price is attributed to a combination of factors, including easing geopolitical tensions, particularly a U.S.-China trade agreement, which has improved overall market sentiment. Bitcoin’s resilience has caught the attention of both retail and institutional investors.

Technical indicators show bullish momentum, with the Relative Strength Index (RSI) at 62, signaling potential for further gains without entering overbought territory. Additionally, the Moving Average Convergence Divergence (MACD) has shown a bullish crossover, reinforcing the optimistic outlook.

As Bitcoin approaches its all-time high of $109,114.88, reached in January 2025, market participants are closely monitoring key resistance levels. A sustained breakout above $105,000 could pave the way for a retest of the previous peak, while a pullback may find support around the $102,500 level.

Investors are encouraged to stay informed of macroeconomic developments and watch technical indicators closely as Bitcoin continues to show potential for growth.