📊 Market Overview

• Current Price: $104,124 USD

• 24-Hour Change: -1.39%

• 24-Hour High: $105,740 USD

• 24-Hour Low: $103,289 USD

• Market Cap: Approximately $2.07 trillion USD

• 24-Hour Trading Volume: Around $50 billion USD

• Circulating Supply: Approximately 19.87 million BTC

• All-Time High: $111,891.30 USD (May 22, 2025)     

📉 Recent Price Movement

Bitcoin has experienced a modest decline over the past week, dropping approximately 4.3%. Analysts suggest that this pullback is a “healthy pause,” allowing the market to consolidate after recent gains.  

Despite the recent dip, Bitcoin has maintained its position above the psychological $100,000 level for over 20 consecutive days, which is considered a bullish sign by some market strategists. 

🔮 Future Outlook

Some analysts remain optimistic about Bitcoin’s long-term prospects. Predictions suggest that BTC could reach a cycle peak between $220,000 and $330,000, representing a potential gain of 100% to 200% from current levels. 

However, technical indicators such as the Ichimoku Cloud and the potential formation of a “death cross” suggest caution, as they may indicate weakening investor confidence and potential downward momentum. 

📈 Conclusion

Bitcoin is currently in a consolidation phase, with prices stabilizing around the $104,000 mark. While short-term volatility is expected, the long-term outlook remains positive, provided that key support levels hold and macroeconomic conditions stabilize. 

$BTC $BNB