Other sources indicate that the short-term outlook for BTC may be *bearish*. For example, the price of Bitcoin has faced resistance around the $96,500 level, and the MACD line has crossed below the zero line, indicating a potential decline.²
It's also worth noting that the current price of BTC is around $104,185.80, with a change of 2.16% over 24 hours.³ While this indicates a slight increase, it's essential to monitor market trends and adjust your expectations accordingly.
Overall, despite indicators of an upward trend, it is crucial to remain cautious and closely watch market developments.