$BTC Bitcoin's current price is around $103,529.99, with a 0.31% decrease in the last 24 hours. The market capitalization is approximately $2.08 trillion. Experts have varying predictions for Bitcoin's future price
Short-Term Expectations:
- Some analysts expect a rebound before reaching new all-time highs, with potential support levels above $61,000.
- Others forecast a test of $69,296, followed by potential resistance at $71,304, $71,981, and $73,344.
- Key support levels are $67,716 and $66,961
Long-Term Projections:
- FalconX Research predicts Bitcoin could reach $140,000 to $4,500,000 per coin, based on past growth rates.
- A Bitcoin Weekly Elliott Wave Analysis suggests Wave 3 could target $235,000 .
Market Trends:
- Bitcoin has surpassed AI Target 3, indicating strong bullish momentum, but may experience correction or consolidation.
- The Coinbase Premium Index has flipped positive, indicating increased buying on Coinbase Pro