Bitcoin price at 102 thousand dollars, ETH decreases by 5 %, and Doge earns a little

Bitcoin (BTC) is currently priced at 102,941.73 dollars0.47 % decreased over the past 24 hours. This simple decrease, although it is not dramatic, pushed BTC to the bottom of the $ 103,000 psychological threshold. Thus, raising concerns about its momentum in the short term.

Bitcoin maintains the market value of more than $ 2.04 trillion. The daily trading volumes witnessed more than $ 58 billion. Analysts suggest that the following support lies near 101,500 dollars, while the resistance remains $ 105,000. Despite the simple decline, it still shows relatively stronger performance compared to most of Altcoins.

The world’s biggest encryption on the right path to confirm the “golden cross” in the coming days. This style occurs when the simple moving average cross for 50 days (SMA) prices over SMA for 200 days. It indicates that the short -term trend outperforms the wider direction, with the ability to develop into a large bull tour. The golden cross appeared for the first time in 2024 when the BTC price jumped from $ 70,000 to $ 100,000.