#BTCPrediction Based on technical analysis, here are some price predictions for Bitcoin (BTC):

- *Short Term*: Some analysts predict that Bitcoin will experience a correction or rejection at the current resistance level, which could potentially lead to a price decline. However, if the price successfully breaks through the resistance level, Bitcoin could continue its upward trend.

- *Medium Term*: Bitcoin is expected to still have bullish potential in the coming days, with a price target in the range of 104-106k USD. However, caution is advised if the price cannot maintain the current support level, which could increase the risk of further declines.

- *Bullish Scenario*: If Bitcoin successfully breaks through the trend line resistance, the price could rise higher with a target of 116.6k USD or even more.

- *Bearish Scenario*: If the price fails to maintain the support level, Bitcoin could experience further declines with a target of 90k USD or even lower.

It is important to remember that the cryptocurrency market is highly volatile and price predictions can fluctuate depending on various factors, including news and technical analysis. Some technical indicators used in Bitcoin analysis include¹ ²:

- *Moving Averages*: Indicates price momentum and potential trends.

- *Oscillator*: Indicates overbought or oversold conditions.

- *Fibonacci*: Indicates potential support and resistance levels.

The current price of Bitcoin is 96,628.79 USD with a change of 2.28% in the last 24 hours.³