$BTC 📊 Current Price

BTC/USD: Trading around $97,700, marking a 1.15% increase today.

Technical Overview

Trend: Bullish momentum persists, with the MACD nearing a bullish crossover.

Key Levels:

Support: $95,364

Resistance: $99,293

Indicators: The RSI has cooled from overbought conditions, providing room for further upward movement.

Market Sentiment

Dominance: Bitcoin's market dominance has reached 64.89%, the highest since January 2021.

Sentiment: The market has shifted back to a "greed" phase, indicating strong bullish sentiment.

Outlook

Analysts project a potential rise to $105,000 in the coming weeks, driven by ETF filings, institutional inflows, and sustained bullish momentum.