#PowellRemarks Here's the latest Bitcoin update:

*Current Price:* Bitcoin is trading around $104,819.44, with a 0.02% increase in the last 24 hours. Other sources report similar prices, ranging from $104,723.5 to $105,042.

*Market Cap:* The market capitalization stands at approximately $2.08 trillion, with a dominance of 61.10-61.14% in the cryptocurrency market.

*Recent Price Movement:* Bitcoin's price has dropped from $99,000 to below $80,000 in the past week, almost returning to the price level before the US election. However, it has formed a bullish path pointing towards the $107,000 zone after bouncing back from a low of $104,000.

*Key Resistance Levels:* Bitcoin faces resistance at $106,000, with the next potential target at $107,000. Some analysts predict a potential breakout above $113,000, while others see a possible surge to $120,000 or even $250,000 by 2025.

*Recent Developments:*

- *Institutional Investment:* K33 AB is raising $8 million to purchase up to 1,000 BTC, aiming to enhance its balance sheet and institutional brokerage services.

- **Regulatory