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#BitcoinUpdate ๐ | 23 Oct 2025
$BTC Bitcoin is currently trading around $109,200, showing slight strength after bouncing from the $106,700 support zone. The market is still in a consolidation phase, waiting for U.S. inflation data before making its next big move.
๐ Big News:
Square (Block Inc.) just launched a new Bitcoin payment system that lets U.S. merchants accept BTC with zero fees for the first year โ a huge step toward mass adoption!
๐ Market View:
$BTC is holding above key support at $108,000โ$106,500
Resistance zones are around $111,000โ$113,000
Staying above $108k keeps the bullish structure intact
๐ฌ My Take:
Squareโs new update is bullish for long-term adoption, but the market needs a push (like soft CPI data) to trigger the next breakout. For now, BTC is moving sideways but building strength for the next rally.
