$BTC
*Current Price and Market Data*
- Bitcoin's current price is $106,883.73, with a 1.80% increase in the last 24 hours
- Market capitalization stands at $2.10 trillion
- Open price: $104,991.55, high price: $107,262.31, low price: $104,494.53
- Previous close price: $104,991.55
*Recent News and Trends*
- *Bitcoin's Price Movement*: Bitcoin fell sharply late Thursday, sliding over 4% to $103,556 following Israeli airstrikes on Iran that intensified Middle East tensions
- *Institutional Interest*: Anthony Pompliano plans to launch a $750 million Bitcoin-focused investment group, indicating growing institutional interest in crypto
- *Market Predictions*: Bitcoin's price could slump to $100,000 amid the Trump-Musk tussle and geopolitical uncertainties
- *Adoption*: GameStop's $515 million Bitcoin purchase and Metaplanet's $210 million bond issuance for Bitcoin acquisition highlight growing corporate interest in Bitcoin
*Market Analysis*
- Bitcoin's bearish divergence signals a possible price crash toward $85,000
- The cryptocurrency market has dropped by 4% to $3.51 trillion, with a 24-hour trading volume of $132 billion
- Over $1 billion liquidated in 24 hours as Bitcoin crashes 3.3%, worst day in June 2025
*Key Support and Resistance Levels*
- Support levels: $102,850, $101,750, and $100,500
- Resistance levels: $103,600, $104,200, and $105,000
Keep in mind that the cryptocurrency market is highly volatile, and prices can fluctuate rapidly. Stay informed with the latest news and analysis to make informed investment decisions.