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Analyst Identifies $90,000 As Bitcoin's Pivotal Support – Details

Veteran market analyst with X handle Daan Crypto has shared an intriguing insight on the present Bitcoin market structure. In a recent post on May 16, Daan Crypto provided some technical pointers for BTC BTC - $109144.586 investors while highlighting the potential fundamental developments that could influence the price action of the premier cryptocurrency.

Source: bitcoinist.com

Related symbols: BTCUSD

2025-05-17 19:13:02 GMT.

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Price & Market Data

Price: $109144.586

Volume 24h: $53,115,509,166.91

Market Cap: $2,168,618,340,524.37

Description

Bitcoin (BTC) is a cryptocurrency launched in 2010. Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 19,869,225. The last known price of Bitcoin is 108,951.17332458 USD and is down -0.85 over the last 24 hours. It is currently trading on 12185 active market(s) with $53,103,588,411.24 traded over the last 24 hours. More information can be found at https://bitcoin.org/.