$BTC

As of today, Bitcoin is trading at $93,500–$94,000. The price has stabilized after a rise, and the market is closely watching the movement towards the psychological level of $100,000.

Technical picture:

Resistance: $100K — key target for a bullish breakout.

Support: $85K — accumulation zone.

RSI: approaching overbought territory.

EMA50: indicates the preservation of the upward trend.

Fundamental factors:

Growing interest from institutions.

Expectations of interest rate cuts in the USA.

Current government initiatives, including the idea of creating a BTC reserve in the USA.

Forecasts:

Changelly: $104,500 by May 1.

Standard Chartered: $120K in the coming months, up to $200K by the end of the year.

Risks:

Weak trading volumes.

Lack of new funds in ETFs.

Conclusion:

Bitcoin retains growth potential, but a decisive period lies ahead. Watch the $100K level and monitor institutional activity.