Sorry bears — Bitcoin analysis dismisses $107K BTC price double top

Key points: Bitcoin is not in line to cancel its attack on all-time highs, says the Bitcoin Fundamental Index (BFI). BTC BTC - $108855.419 price strength remains “intact,” says Swissblock Technologies, removing the risk of a double top.

Source: cointelegraph.com

Related symbols: BTCUSD

2025-05-20 07:59:01 GMT.

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Price & Market Data

Price: $108855.419

Volume 24h: $51,998,557,349.91

Market Cap: $2,162,872,808,375.69

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 108,856.99036676 USD and is down -0.44 over the last 24 hours. It is currently trading on 12185 active market(s) with $52,514,449,424.47 traded over the last 24 hours. More information can be found at https://bitcoin.org/.