#CryptoStocks

Bitcoin (BTC) is currently trading around $104,000 to $105,000, having shown resilience despite recent market fluctuations and geopolitical concerns. While daily performance can see minor shifts, BTC has demonstrated a strong upward trend over the past year, increasing by over 60%.

Its price is primarily driven by supply and demand dynamics, with a capped supply of 21 million coins creating scarcity. Market sentiment, regulatory developments, and broader macroeconomic factors also play significant roles in its volatile movements. Analysts are closely watching key support and resistance levels, with a potential breakout toward $108,000 if buyer confidence returns, or a dip to $100,000 if selling pressure intensifies.