$BTC

The price of Bitcoin today is approximately $105,480, showing stability after a strong rise in the past weeks. Over the last 7 days, it has increased by 1.4%, while achieving a significant rise over the past month. Technical indicators show a slight slowdown in momentum, and the RSI indicates a near entry into the overbought territory.

A slight correction towards the $100,000 level is expected, which is a strong support. If maintained, we may see a new surge towards $110,000 and then $115,000 soon.

My advice today:

Wait for a pullback towards $100,000 – $102,000 to enter, especially if you are a short-term investor. As for the long term, holding Bitcoin with a target of $150,000 by 2025 still makes sense.

Sources:

Business Insider

TradingView

CoinMarketCap

Axios Crypto