$BTC
Here’s the latest Bitcoin news:
Price & Market
- Bitcoin price is on the rise, hitting $102,181.81, up 4.23% ¹.
- Bitcoin bulls are struggling to reach $100,000 as buying demand is strong ².
- Bitcoin’s daily volume remains 91% lower than the $743 million it was on December 5, when BTC first crossed the $100,000 mark [2].
Breaking News
- MicroStrategy suggests it may buy more Bitcoin on Monday, increasing its current holdings of 446,400 Bitcoins ².
- Miner MARA has lent 7,377 BTC to third parties in 2024, with Bitcoin holdings valued at $4.2 billion ². - Bitcoin needs to grow in trading volume to rise above $105K in January [2].
Technical Analysis
- The long-term BTC/USD price chart with the conservative target of $137,000 is still valid ³.
- The Death Cross between the 21-day MA and the 50-day MA may indicate a deeper correction in the BTC price ³.
- The $100,000 mark is crucial to advance in the bull market, with a lot of liquidity concentrated at this level ³. #BTC100KTrumpEffect