Here's a comprehensive market analysis of Bitcoin (BTC):

*Current Price and Market Performance:*

- *Current Price*: $108,970 (0.83% change in 24 hours)
- *Market Capitalization*: $2.167 trillion (0.82% change)
- *24-hour Trading Volume*: $19.094 billion
- *All-Time High*: $111,814 (reached on May 22, 2025)
- *All-Time Low*: $67.81 (recorded on July 6, 2013)

*Key Statistics:*

- *Circulating Supply*: 19.89 million BTC
- *Total Supply*: 21 million BTC
- *Market Cap Rank*: #1
- *Dominance*: Bitcoin's market capitalization dominates the cryptocurrency market
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*Technical Analysis:*

- *Breakout*: BTC has surpassed minor resistance at $102,900, confirming bullish momentum
- *Key Support Levels*: $103,200, $102,000, $102,250 (critical for maintaining the uptrend)
- *Key Resistance Levels*: $105,000, $107,000, $108,350 (potential breakout zones)
- *Price Projections*: If BTC breaks above $105,500, next targets are $107,000 and $108,800

*Market Sentiment:*

- *Bullish*: Bitcoin is showing strong upside momentum, with traders closely monitoring resistance at $107,000 for further gains
- *Crypto Fear & Greed Index*: Soaring, unveiling optimistic market sentiment

*News and Developments:*

- *Elon Musk's America Party*: May accept Bitcoin for political donations, sparking speculation amid America Coin surge
- *Metaplanet's Bitcoin Acquisition*: Acquired 15,555 BTC, inching closer to top 4 BTC corporate holders
- *Babylon's 2025 Roadmap*: Unveils Bitcoin multi-staking and EVM mainnet launch
- *US Spot Bitcoin ETF Inflows*: Suggest growing investor interest amid crypto market evolution ²