Currently, the price of Bitcoin is trading around $96.666(BTC), up $824(0.86%) compared to the previous close. Today, the highest price reached $98.096 and the lowest price reached $93.955.

According to Crypto data, the trading volume in the last 24 hours reached $48.81 billion, with a total circulating supply of 19.82 million bitcoins.
The recent increase in prices may be linked to telephone conversations between US President Donald Trump and Russian President Vladimir Putin regarding a peace agreement in Ukraine, creating optimism in the market.
From an analytical perspective, Bitcoin is currently consolidating in an Inside Bar pattern on the daily timeframe, indicating the possibility of strong fluctuations in the future. On the bullish timeframe, a Falling Wedge pattern is currently forming, which is a positive signal for a potential price increase upon a breakout to the upside.
However, the digital currency market remains volatile. Investors must closely monitor developments in the global economy and global politics, and implement appropriate risk management measures when participating in trading.
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