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#BTC#
Current Status:
As of now (May 14, 2025, 08:55 CEST), the Bitcoin (BTC) price is trading around $103,700 - $104,000. Although the changes in the last 24 hours show slight differences in different sources, an increase of 0.08% to 1.45% is generally observed.
Key Data:
* Current Price (approximately): $103,700 - $104,000
* Market Cap: Approximately $2.06 Trillion
* 24-Hour Trading Volume: Approximately $49 - $59 Billion
* Circulating Supply: Approximately 19.86 Million BTC
Trend Analysis:
* Short-Term: Many technical analyses show that the upward trend continues in the short term. The fact that prices find buyers at higher levels over time supports this situation. In particular, staying above the $93,000 level is considered positive. Some analyses indicate that the resistance level of 105,000 USD may be targeted.
* Medium Term: An uptrend also seems to prevail in the medium term. The level of 86,500 USD is monitored as an important support. As long as this level is maintained, the medium-term rise is expected to continue.
* Long Term: The long-term trend is still generally positive.
Technical Indicators:
* Although some short-term charts show bearish deviations, the general momentum is still positive.
* The RSI (Relative Strength Index) may be moving close to the overbought region in some analyses, which may pose a short-term correction risk. However, strong momentum also shows that this situation may continue.
* Moving averages generally support the uptrend.
Important Notes:
* Cryptocurrency markets are highly volatile and these analyses may change depending on the current situation.
* General sentiment in the market, macroeconomic developments and regulatory news may affect price movements.
In summary, Bitcoin currently appears to be in an uptrend in the short and medium term. While the USD 105,000 level is watched as a significant resistance point, support levels around USD 93,000 can be monitored in case of possible pullbacks.