$BTC the current price is around $102,700 - $103,500 USD.

In the last 24 hours, the price has shown a slight decrease (around -0.27% - -0.76%). Trading volume remains significant.

Support and resistance:

The nearest resistance is being tested in the range of $105,500 - $106,000. A breakthrough of this level may signal further growth to the next resistance level around $108,000.

Support $BTC is located around $93,000. A key demand zone is also noted around $102,000 (Binance Square).

Upcoming forecasts and prospects:

• Short-term consolidation/slight decline: Considering the RSI near the overbought zone and the testing of the resistance level, short-term consolidation or a slight price decline is possible.

• Growth potential upon breaking resistance: A sustained breakthrough above the level of 106,000 may pave the way for further growth to 108,000 and above. Some analysts forecast movement to $120,000 - 220,000 by 2025.

• Support of key levels: Maintaining the price above 102,000 is crucial for sustaining a bullish sentiment.