Bitcoin price right now is $ 42,774 with a 24-hour trading volume of $ 50.15B, market cap of $ 810.61B, and market dominance of 40.31%. The BTC price increased 3.14% in the last 24 hours.
Bitcoin reached its highest price on Nov 10, 2021 when it was trading at its all-time high of $ 68,770. The lowest price since it’s ATH was $ 33,063 (cycle low). The highest BTC price since the last cycle low was $ 42,970 (cycle high). The Bitcoin price prediction sentiment is currently neutral.
Bitcoin’s current circulating supply is 18.95M BTC out of max supply of 21.00M BTC. In terms of market cap, Bitcoin is currently ranked 1 in the Proof-of-Work sector.
After forming a base, bitcoin price was able to climb above the USD 40,000 resistance. BTC bulls took control and pushed the price above USD 41,500. The price even spiked above USD 42,500. The next major resistance is near the USD 43,000 level, above which the price could accelerate higher towards the USD 44,500 level.
On the downside, an immediate support is near the USD 42,000 level. The main weekly support is now forming near the USD 40,000 level, below which the price could start another decline.