📊 BTC (Bitcoin) Overview
Current Price: ~$103,665 USD
24h Change: +0.00888%
24h High / Low: $104,836 / $102,641
Market Cap: ~$2.06 Trillion USD
24h Trading Volume: ~$49 Billion USD
Circulating Supply: ~19.5 Million BTC
Max Supply: 21 Million BTC
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🔍 Technical Analysis
Support Levels: $102,000 – $103,000 USD
Resistance Levels: $105,000 – $110,000 USD
Trend: Bitcoin continues to exhibit strong bullish momentum, with the price hovering near key resistance levels. A breakout above $105,000 could trigger a significant rally toward new highs.
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📰 Recent Developments
Bitcoin ETF Progress: Bitcoin’s price has been buoyed by the continued momentum surrounding the approval of Bitcoin ETFs, leading to increased institutional involvement and confidence in the cryptocurrency.
Elon Musk's Endorsement: Tesla’s continued Bitcoin involvement, along with Elon Musk's positive comments, has added further legitimacy to Bitcoin, driving investor interest.
Growing Institutional Adoption: More companies, such as MicroStrategy and Tesla, have continued to add Bitcoin to their balance sheets, highlighting its role as a store of value in uncertain economic times.
