lemminarix
@lemminarix
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🚀 #Bitcoin Market Update - May 11, 2025 🚀
The #BTC market is buzzing! Current price hovers around $104,238, with a market cap of ~$2.06T. 📈 Bullish sentiment dominates, with technical indicators like rising 50-day & 200-day moving averages signaling strength. The Fear & Greed Index sits at 70 (Greed), reflecting optimism. 😎
Recent volatility saw #BTC hit a low of $91,371 in Feb but rebound strongly, driven by institutional adoption & ETF inflows. Analysts predict a range of $85K-$210K for 2025, with some eyeing $200K+ by year-end! 🤑 However, watch for potential corrections, as RSI hints at overbought conditions.
#Crypto #Blockchain #Investing 0 reply
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