$BTC Bitcoin's current price is $96,506.16, with a 2.14% increase in the last 24 hours. Here's a breakdown of the current scenario:

Current Price: $96,506.16

Market Cap:$1.90 trillion

Recent Price Range:

High: $97,732.00

Low: $93,377.00

Open Price: $94,479.99

Previous Close: $94,479.99

Change: $2,026.17

Percent Change: 2.14%

Market sentiment is currently driven by greed, with significant inflows into Bitcoin spot ETFs, indicating institutional support. The technical outlook suggests a bullish momentum, despite a consolidation phase, with declining volumes calling for caution in the short term .

Key Technical Levels:

Resistances: $99,000 - $100,000 and $102,500

Supports: $91,700 and $82,800

Forecast:

Bullish Scenario: Potential targets are $97,920, $99,000, and $102,500, with a possible 16% increase from the current level.

Bearish Scenario: Potential targets are $92,600, $89,300, and $84,000, with a possible 15% decrease from the current level