#BTC Here's today's Bitcoin update:
*Current Price*: Bitcoin is trading at $103,665.05, with a slight change in price. Another source indicates a price of $103,683.00 with a 0.22% increase in the last 24 hours.
*Market Performance*:
- *Market Cap*: $2.06 trillion - $2.05 trillion
- *24-hour Trading Volume*: $44.56 billion - $62.37 billion
- *Circulating Supply*: 19.87 million BTC
*Price Range*:
- *24-hour Low*: $100,783.00 - $100,436.89
- *24-hour High*: $105,888.00 - $105,936.69
*Recent Trends*:
- Bitcoin's price model forecasts a potential peak between $220,000 and $330,000 before the end of 2025.
- Analysts predict institutional demand will drive prices up, especially if the US government adopts Bitcoin as a strategic reserve asset.
- The cryptocurrency market is experiencing increased demand, with Bitcoin's price surging above $104,000 after a cooling inflation rate of 2.3% in the US ¹ ² ³.
*Key Technical Levels*:
- Resistance: $102,178 → $103,127 → $104,561
- Support: $100,766 → $99,807 → $98,772 ⁴
