$BTC

📊 Current Price

Live Price: Approximately $94,800.

24-Hour Change Percentage: Increase of +0.21%.

📈 Technical Analysis

Main Resistance: Strong resistance observed at the level of $97,400. Breaking this level could pave the way towards $100,000.

Key Support: Strong support exists between $94,200 and $94,700. Breaking this range could push the price towards $92,000.

Technical Indicators:

RSI (14): Approximately 57, indicating a neutral state.

MACD: Showing sell signals, indicating weakness in upward momentum.

Stochastic RSI: In the overbought region, which may warn of a potential correction.

🔍 Influencing Factors

Economic Data: Shows indicators of potential economic slowdown, which may affect investors' appetite for risk.

Monetary Policies: Watch for decisions from the U.S. Federal Reserve regarding interest rates, which may affect liquidity flows towards digital assets.

Geopolitical Tensions: Escalation in trade tensions between the United States and China may drive investors towards safe assets like gold and Bitcoin.

📌 Short-Term Forecasts

Bullish Scenario: If the price manages to break the resistance at $97,400, it may target levels of $100,000 and above.

Bearish Scenario: If the support at $94,200 is broken, the price may head towards $92,000 or lower.