•Price Change: In the last few days, the price of Bitcoin has shown a change of -1.02% in a day, +4.26% in a week and +3.38% in a month.
• Long-Term Performance: Looking at a broader time frame, Bitcoin has increased by +91.83% in the last 6 months, +56.59% since the beginning of the year and +139.80% in the last year.
•Market Cap: Bitcoin's current market capitalization is approximately USD 1.30 trillion, with a fully diluted market capitalization of USD 1.39 trillion.
•Trading Volume: The trading volume in the last 24 hours was approximately USD 24.76 billion.
Regarding technical analysis:
•Some analysts have identified a "rising wedge" pattern that could take the price towards $62,632.
•Another “head and shoulders” pattern could drop the price to around $52,080.
It is important to remember that the cryptocurrency market is highly volatile and subject to rapid change. Technical analysis can provide guidance, but is not a guarantee of future performance. Investing in cryptocurrencies involves risk and should be done with caution.
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