The current price of Bitcoin has increased by 0.38% over the last 24 hours, reaching $94,952.42. Bitcoin's market cap has risen to $1.88 trillion, accounting for 52.17% of the total crypto market dominance. The 24-hour trading volume of Bitcoin is $23.26 billion, with a volume-to-market-cap ratio of 1.23%. The fully diluted valuation (FDV) of Bitcoin is $1.99 trillion, with a circulating supply of 19.8 million BTC out of a total maximum supply of 21 million BTC. The global crypto market cap has reached $3.33 trillion, with a 0.90% increase in the past day. However, the overall crypto trading volume has dropped by 34.93% to $81.23 billion over the last 24 hours. Bitcoin is currently consolidating at around $95,000 with immediate resistance at $96,000 and support at $94,000. Technical indicators show mixed momentum, with the Relative Strength Index (RSI) indicating neutral momentum and the Chaikin Money Flow (CMF) showing slightly positive buying pressure. The moving averages suggest indecision among traders, with the 50-day moving average acting as immediate resistance and the 200-day moving average confirming a long-term bullish trend. In summary, Bitcoin is in a consolidation phase with critical resistance and support levels. A breakout above resistance could lead to a rally toward $98,000, while a breakdown may result in a drop to $92,000.



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