#USGovShutdownEnd? BTC and or pi coine power of crypto Here's the latest update on Bitcoin (BTC) ¹ ² ³:

- *Current Price*: Bitcoin is trading around $101,685 to $103,606, with a 24-hour decrease of 0.31% to 1.68%.

- *Market Cap*: The market capitalization stands at approximately $2.03 trillion to $2.07 trillion.

- *Recent Performance*: Bitcoin has experienced a decline, dropping below $104,000, but some analysts believe it's holding support at $101,000-$101.5K, with resistance at $103K and a larger hurdle at $105K.

- *Global Market Trends*: The global crypto market capitalization rose to $3.49 trillion, with Bitcoin representing around 61% of the total market cap.

- *Investor Sentiment*: The Fear & Greed Index is at 25 (Fear), indicating cautious sentiment among investors.

- *Resistance Levels*: Key resistance levels to watch are $102,500 and $105,000, while support levels are $101,000-$101.5K.

- *Market Outlook*: Analysts predict a potential rebound if Bitcoin breaks above $102,500, but others warn of continued downside risk amid a global liquidity squeeze and weak macro cues.

Some notable developments include ³ ⁴:

- *Taiwan's Bitcoin Reserves*: Taiwan's legislature is pushing the government to audit its Bitcoin holdings and explore adding BTC to national reserves.

- *US Shutdown Impact*: The US government shutdown has ended, and some analysts believe this could lead to increased market stability and potential growth for Bitcoin.

- *Institutional Investment*: Despite the sell-off, institutional investors continue to accumulate Bitcoin, with strong inflows into Bitcoin ETFs.