💰 Current Price and Performance
Current Price: Approximately $94,403.
Daily Change: Up by 0.96%.
Highest Price of the Day: $95,167.
Lowest Price of the Day: $93,767.
📊 Technical Analysis
Moving Averages: Indicate buy signals in the short and medium term, reflecting ongoing upward momentum.
Relative Strength Index (RSI): Above 50, indicating buying strength in the market.
‘Three Strength’ Pattern (PO3): Indicates a transition from the accumulation phase to distribution, which may lead to new price highs.
🔮 Future Predictions
Short-term: If the resistance level of $95,800 is breached, the price may target $100,000 in the coming days.
Medium-term: Some analyses predict the price will reach $132,372 by May 2025.
Long-term: Optimistic forecasts suggest the price could reach $200,000 in 2025, supported by increasing institutional demand and shrinking supply.
🧠 Influencing Factors
Accumulation of long-term holders: Indicates investor confidence in future upward trends.
Institutional Interest: Rumors of a potential purchase by Michael Saylor enhance positive expectations.
On-Chain Analysis: Data indicating real buying pressure, supporting the upward trend.
⚠️ Notes for Investors
Market Volatility: Despite positive indicators, attention should be paid to potential market fluctuations.
Continuous Monitoring: It is important to follow news and updates related to Bitcoin to make informed investment decisions.
