$BTC

The price of Bitcoin today $BTC is witnessing significant movement as it trades around the level of 103,252 dollars with a change of 0.13 percent over the past 24 hours according to CoinMarketCap data. The market shows volatility between the minimum of 103,010 dollars and the maximum of 104,015 dollars during the day with a trading volume reaching 3.629 billion dollars.

Bitcoin still maintains its position as the largest cryptocurrency by market capitalization, which is 205 trillion dollars, with 19.88 million pieces traded out of a total maximum supply of 21 million Bitcoins.

Technically, traders are watching for a breakout above the level of 104,463 dollars to support continued upward movement, while a break below the level of 99,705 dollars could lead to a larger correction. Additionally, the OBV indicator remains below zero, indicating that selling pressure dominates despite some signs of declining bearish momentum.

Investors are closely monitoring the impact of ETF funds that recorded significant inflows over the past year, as their management exceeded 110 billion dollars. The approach of the weekend may also bring additional volatility in liquidity.

As the first decentralized cryptocurrency, Bitcoin still retains significant trust in the market as a digital safe haven and store of value, with expectations of its strong impact on the digital economy in the near future.

$BTC

#USNationalDebt

#MarketPullback

#PowellVsTrump

#SwingTradingStrategy

#XSuperApp