๐ฐ $BTC Price Prediction (Short-Term โ next 8โ12 hours):
Given:
๐ The bounce off the $100,372.26 low
๐ Recovery toward the mid-Bollinger Band
๐ Early bullish signs in RSI and MACD convergence
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๐ฎ Predicted Range:
โซ Upside Potential: $105,300 โ $106,000 (resistance near recent peak)
โฌ Downside Risk: $102,500 โ $101,800 (support near lower Bollinger Band)
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โ ๏ธ Things to Watch:
๐ If BTC breaks above $104,517 (SMA) with volume, more upside is likely
๐ Failing to hold above $103,600 could trigger a retest of $101,800
๐ Watch for MACD crossover to confirm a bullish reversal.