#BTC

Latest Bitcoin status analysis (BTC):
Current market price and market status ( as of May 28, 2025):
* Price: Bitcoin is trading around $108,000 to $109,000 as of May 28, 2025. The price is in a consolidation phase after reaching new highs of $112,000 last week.
* Market cap: The market cap of Bitcoin is around $2.16 trillion.
* Trading volume in the last 24 hours: The trading volume in the past twenty-four hours has exceeded 50 billion dollars.
* Circulating supply: There are approximately 19.87 million BTC in circulation. The maximum supply is 21 million BTC.
* All-time high (ATH): The all-time high for Bitcoin is around $112,000.
Recent performance and technical outlook:
* Weekly and monthly increase: The price of Bitcoin rose by more than 3% last week and more than 15% last month. It has increased by nearly 59% year-on-year.
* Technical Analysis: Bitcoin is in an upward trend channel in the medium term. The break of the resistance level at $106,000 is interpreted as a sign of further increases. The short-term momentum is strong and the Relative Strength Index (Relative Index) is above 70, indicating investor optimism and an expected increase in prices.
* Support and Resistance Levels: The immediate resistance level is $109,500, while the major resistance area is between $111,000 and $112,000. In the event of weakened macroeconomic conditions, potential support levels are indicated as $106,000 - $107,000 and $100,000. A decline below $94,000 could invalidate the bullish structure.
Market sentiments and news:
* Institutional Interest: Institutional capital flows continue to be a key supporting factor for Bitcoin. According to a report by Bitwise Investments, institutional capital flows are expected to reach $426.9 billion by 2026.
Spot Bitcoin (ETFs) ETFs: US Spot Bitcoin ETFs have been crucial in pushing Bitcoin above $100,000 since early 2025, creating unprecedented demand.
* Experts' forecasts:
* Some analysts expect the price of Bitcoin to reach $140,000 by summer if institutional momentum continues.
* Robert Kiyosaki expects Bitcoin to reach $250,000 by the end of 2025.
* Macroeconomic uncertainty: There are still warnings that the market may be volatile due to trade tensions and macroeconomic uncertainty.
In short:
Bitcoin is currently in a strong uptrend and has broken through key resistance levels. Increased institutional interest and demand from ETFs continue to support the price up. Although there is consolidation in the short term, market experts paint a generally positive picture by setting higher price targets in the medium and long term. Based on this data, it is necessary to buy in the range of 108,800-109,100 and target 112,000.#Bitcoin 2025 Conference Opens