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#CryptoObservers
Today's Bitcoin price is recorded at $97027.63, with a decrease of 4.18% from the previous price.¹ Meanwhile, Bitcoin also experienced a 2.69% decrease in the last 24 hours, with the price slipping to $94,600.²
Technical analysis shows that Bitcoin is in a consolidation phase after a long rally that brought BTC close to the psychological level of $100,000. However, sellers have taken control and pushed the BTC price below $94,000, causing crypto market liquidation to reach $337.6 million.
Some analysts predict that Bitcoin could reach $132,000 in 2025, supported by positive sentiment from the decline of the US dollar index (DXY) and increasing institutional adoption.³ Meanwhile, the altcoin market also shows significant movements, with some altcoins experiencing increases up to 34% in the last 24 hours.