**Crypto Prediction: Bitcoin (BTC)**
Bitcoin has revolutionized the concept of cryptocurrencies by introducing digital scarcity with its capped supply of 21 million coins, setting it apart from traditional fiat currencies that can be endlessly printed by governments.
**Market Update:**
This week, the crypto market has experienced significant volatility due to mixed sentiment surrounding the spot ETH ETF. Despite this, BTC has remained strong above $66,000. After a recent reversal at this level, Bitcoin surged by 4% and is currently trading at $69,095.
**Key Metrics:**
- **Market Cap:** $1.362 trillion (Source: CoinMarketCap)
- **24-Hour Trading Volume:** Down 33% to $15.5 billion
**Crypto Prediction:**
On the daily chart, BTC is following an ascending trend line, indicating a strong recovery trend. A minor pullback from this dynamic support could see BTC revisit the $73,800 peak and aim for a new high above $76,000.
Stay informed and make smart trading decisions!
**Author:** @KingofBTC2024 (For All) BXT
