Latest market update! $BTC
Bitcoin has reached 94.5% of its total supply mined (19.85M BTC in circulation), with the maximum supply capped strictly at 21.00M. Institutional accumulation is picking up speed!
Technical Analysis & Chart Outlook
Bitcoin is currently testing the critical $80,000 – $82,000 breakout zone. While we've seen a slight pullback today, the overall structure remains bullish as bulls defend the $80k level.
Resistance: A clean daily close above $85,000 is the next major target to confirm a move toward $90,000+.
Support: Immediate support sits at $79,000, with a deeper safety net in the $71,000 – $73,000 range.
Sentiment: ETF demand continues to be the primary fundamental driver, with analysts maintaining a long-term target of $150,000.
Momentum Watch: The market is shifting from "sell the rally" to "buy the dip." If $80k holds as support, the path to $100k is officially open.
#CathieWoodandCZDiscussAIandStablecoins #TomLeeonBitMineSlowingETHPurchases #JapanOnchainBondsand24/7Trading
