$BTC

The price of Bitcoin ($BTC ) has risen by 0.58% over the past 24 hours, with the current price being approximately $105,719. This increase comes after a period of volatility in the cryptocurrency market. It is expected that the price of Bitcoin will continue to fluctuate, as investors and analysts closely monitor the market to determine future trends ¹.

*Technical Analysis:*

- The buy signal is currently the prevailing signal in the technical analysis of Bitcoin.

- The Bitcoin chart shows a descending double top pattern, which may indicate a downward price movement.

- Some analysts expect the price of Bitcoin to reach levels of $113,000 or even $130,000 if it continues to rise ¹.

*Market Indicators:*

- The market capitalization of Bitcoin is approximately $2.10 trillion.

- The daily trading volume of Bitcoin is around $36.29 billion.

- The circulating supply of Bitcoin is about 19.88 million units ¹.

*Future Predictions:*

- Some analysts anticipate that Bitcoin will target levels of $140,000 to $170,000 in the near future.

- Meanwhile, others believe that Bitcoin may enter a corrective wave if it breaks the $100,000 price level ¹.