The current price of Bitcoin (BTC) is $105,431.60, and it has risen by 2.86% over the past 24 hours. According to technical analysis, the buying and selling index today shows a buying signal, while the weekly analysis also indicates a buy signal ¹ ².
*Today's Forecast:*
- The price of Bitcoin is expected to remain stable around the support area of $100,642 – $103,302.
- If the price breaks the level of $99,182, it may drop to the areas of $94,635 and then $77,300.
- If the price breaks the level of $112,006, it may reach upward targets starting from $113,000 and may extend to $130,000 ².
*Technical Indicators:*
- Oscillators: Neutral
- Moving Averages: Buy
- Overall Rating: Buy
It is important to follow news and market updates to make informed investment decisions ².