#BTC120kVs125kToday
Bitcoin's current price is around $118,734.81, with a 0.20% decrease in the last 24 hours. However, other sources report slightly different prices, such as $119,449.79 and $120,538.4, with changes of +0.39% and +1.82% respectively.
*Resistance and Support Levels:*
- Resistance: Bitcoin recently surged past $120,000, with some analysts predicting it could reach $125,000 by New Year's Eve. Key resistance levels include $120,998.71 as the high price and $123,091.61 as the all-time high.
- Support: If Bitcoin drops below $121,000, it might target $118,500, with a stop loss at $122,300.
*Expert Predictions:*
- *Peter Brandt*: Predicts Bitcoin could hit $125,000 by New Year's Eve based on Bayesian probability and historical patterns.
- *Titan of Crypto*: Believes Bitcoin's bullish pennant target is $158,000, with $100,000 as the first target for the second bull phase.
*Market Performance:*
- *24-hour trading volume*: $69.47 billion - $1.04 billion (variations reported across sources).
- *Market capitalization*: $2.36 trillion - $2.39 trillion.