The Burkini
--
Bullish
$BTC
1. Current Price and Recent Performance:
Current Price: Approximately $103,300 - $103,600 (as of midday May 15, 2025, Yemen time).
Recent Changes:
Over the past 24 hours: A slight decrease of between 0.28% and 0.55%.
Over the past 7 days: A notable increase of between 6.7% and 7.17%.
Over the past month: A strong increase exceeding 23%.
Over the past year: A significant increase of over 64%.
All-time High: Approximately $109,114 - $109,588 (recorded in January 2025).
Market Capitalization: Exceeds $2.05 trillion, making it the leading cryptocurrency by market capitalization.
24-hour Trading Volume: Approximately $49 - $50 billion.
2. Technical Analysis:
General Trend: In the short term, technical analysis indicates an upward trend with an ascending price channel.
Support and Resistance Levels:
Support: Around the $93,000 level is considered an important short-term support level.
Resistance: There is currently no clear resistance level, indicating the potential for continued upward movement. Breaking the $105,000 level could open the door for further gains.
Momentum Indicators: The Relative Strength Index (RSI) is above 70, indicating strong positive momentum, but it may also suggest an "overbought" condition in the short term, which could lead to a price correction.
1. Current Price and Recent Performance:
Current Price: Approximately $103,300 - $103,600 (as of midday May 15, 2025, Yemen time).
Recent Changes:
Over the past 24 hours: A slight decrease of between 0.28% and 0.55%.
Over the past 7 days: A notable increase of between 6.7% and 7.17%.
Over the past month: A strong increase exceeding 23%.
Over the past year: A significant increase of over 64%.
All-time High: Approximately $109,114 - $109,588 (recorded in January 2025).
Market Capitalization: Exceeds $2.05 trillion, making it the leading cryptocurrency by market capitalization.
24-hour Trading Volume: Approximately $49 - $50 billion.
2. Technical Analysis:
General Trend: In the short term, technical analysis indicates an upward trend with an ascending price channel.
Support and Resistance Levels:
Support: Around the $93,000 level is considered an important short-term support level.
Resistance: There is currently no clear resistance level, indicating the potential for continued upward movement. Breaking the $105,000 level could open the door for further gains.
Momentum Indicators: The Relative Strength Index (RSI) is above 70, indicating strong positive momentum, but it may also suggest an "overbought" condition in the short term, which could lead to a price correction.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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