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#ShareYourThoughtOnBTC
Bitcoin (BTC) is currently trading at around $108,836.15, with a 0.31% increase over the last 24 hours. The market capitalization stands at approximately $2.16 trillion, with a 24-hour trading volume of $54.32 billion. Here are some key statistics ¹:
- *Current Price*: $108,836.15
- *Market Capitalization*: $2.16 trillion
- *24-hour Trading Volume*: $54.32 billion
- *Circulating Supply*: 19.87 million BTC
- *Max Supply*: 21 million BTC
As for the market trend, Bitcoin has shown a bullish momentum, recently crossing $110,000 and showing strong investor confidence. Some analysts predict a continuation of the uptrend, while others see potential for correction due to bearish signals like the double top pattern and RSI divergence ².
*Recent Price Movement*:
- *1-day change*: 0.19% increase
- *1-week change*: 3.85% increase
- *1-month change*: 15.89% increase
- *1-year change*: 60.22% increase
*What to Watch For*:
- Resistance levels around $111,794.8 - $111,829.8
- Support zones between $103,764 and $104,633
- Potential for a double bottom breakout targeting $110,000
Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. It's essential to stay informed and consider multiple perspectives before making investment decisions.
Bitcoin (BTC) is currently trading at around $108,836.15, with a 0.31% increase over the last 24 hours. The market capitalization stands at approximately $2.16 trillion, with a 24-hour trading volume of $54.32 billion. Here are some key statistics ¹:
- *Current Price*: $108,836.15
- *Market Capitalization*: $2.16 trillion
- *24-hour Trading Volume*: $54.32 billion
- *Circulating Supply*: 19.87 million BTC
- *Max Supply*: 21 million BTC
As for the market trend, Bitcoin has shown a bullish momentum, recently crossing $110,000 and showing strong investor confidence. Some analysts predict a continuation of the uptrend, while others see potential for correction due to bearish signals like the double top pattern and RSI divergence ².
*Recent Price Movement*:
- *1-day change*: 0.19% increase
- *1-week change*: 3.85% increase
- *1-month change*: 15.89% increase
- *1-year change*: 60.22% increase
*What to Watch For*:
- Resistance levels around $111,794.8 - $111,829.8
- Support zones between $103,764 and $104,633
- Potential for a double bottom breakout targeting $110,000
Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. It's essential to stay informed and consider multiple perspectives before making investment decisions.
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