$BTC
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#Bitcoin at $100K!
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Maintains support at $92K, with daily RSI at 66.69, neutral but with bullish momentum. ETF with +$37B in assets and pro-crypto policies from Trump drive demand. Key resistance at $103K; next target $110K if it breaks. Correction to $90K or new high?
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#Crypto #BTC
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Brief analysis:
The current price of Bitcoin, hovering around $100K-$102K (according to posts on X and web data), reflects bullish momentum after bouncing off the support of $92K. The daily RSI (66.69) indicates a neutral market but with buying strength, without being overbought. The 50-day moving average ($87,892) and 200-day ($93,292) reinforce support, while resistance at $103K-$109K (January 2025 high) is critical. ETF flows, with $37B in assets, and optimism for favorable regulations under Trump are key catalysts. However, volatility persists: a correction to $90K-$87K is possible if it does not exceed $103K, although the overall sentiment is bullish, with projections of $110K-$150K for 2025. Short-term holders may take profits, but institutional accumulation suggests strength in the medium term.