$BTC
šØ BITCOIN (BTC) PRICE UPDATE & PREDICTION! šØ**
Current Price: $96,571 (-0.29% today)
š Technical Analysis & Prediction
1. Short-Term (1-7 Days):
- Key Resistance: $97.8K (high 24 hours) ā Breakout could target $100K!
- Major Support: $95.6K (MA25) & $96.3K (low 24 hours).
- Indicators: MA7 > MA25 (bullish), but MACD needs to confirm momentum.
- Prediction: Sideways-bullish if it breaks $97.8K.
2. Medium-Term (1-3 Months):
- Bull Case: Breaks $100K ā rally to $109K (psychological level).
- Bear Case: Breakdown below $95K ā correction to $85K (strong support).
- Driving Factors: ETF sentiment, regulation, and institutional buying volume.
3. Long-Term (6-12 Months):
- Optimistic Target: $120K-$150K (halving momentum + adoption).
- Historical Data: Up 63.63% in 1 year ā dominant bullish trend!
š¦ Important Levels Today
- Resistance: $97.8K ā $100K ā $109.5K
- Support: $95.6K ā $91.4K ā $82.1K
šÆ Trader Recommendations
- Buy Zone: $95K-$96K (with SL at $94.5K).
- Ideal Scenario: Breakout $97.8K + high volume ā entry long!
- Avoid FOMO: If it fails to break resistance, profit-taking may occur.