Bitcoin at a Glance
Live Price: Approximately $116,511 USD (slightly short of today’s intraday high of around $117,098)
24-Hour Performance: $BTC remains relatively stable, trading within its recent range, with slight downward movement .
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Market Buzz & Highlights
Fair Value Metrics: The “Energy Value” model—a miner-based valuation—suggests $BTC may be undervalued, estimating a fair price as high as $167K .
Whale Activity: A major long-dormant Bitcoin holder recently moved 3,000 $BTC (worth roughly $349 million), triggering speculation about potential market impact .
Technical Outlook: Analysts note that Bitcoin remains in a bullish posture as long as it stays above the $112K–$110.5K support zone .
Momentum: Price movements today may be fueled by policy news—reports say prices are climbing after recent executive orders signed by political leadership .
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Quick Summary
Bitcoin's price remains stable in the $116K range. Market sentiment shows cautious optimism, fueled by valuation metrics and whale activity, while technical support zones and potential policy tailwinds add layers of intrigue