Bitcoin (BTC) Analysis:
Market: BTC is influenced by supply and demand, institutional adoption, and economic developments.
Technical Analysis:
🏔 Support at $25,000 and **Resistance** at $30,000-32,000.
The RSI indicator identifies overbought (above 70) or oversold (below 30) levels.
The 50 and 200 moving averages may indicate an upward trend if a bullish crossover occurs.
Forecast:
✈️ Bullish: A breakout above $32,000 could drive BTC towards $40,000.
🛩 Bearish: A break below $25,000 may lead to a correction towards $20,000.
Bitcoin is subject to ongoing volatility with both bullish and bearish opportunities depending on economic events.
