$BTC

Bitcoin is currently trading around 106160 USD, showing modest intraday gains. Over the past weeks BTC has flirted with its all time highs near 111900 and remains volatile within the 100000 to 110000 range. Recent chart patterns hint at both bullish continuation and possible pullbacks. Some analysts warn of a head and shoulders formation risking a dip to 96000 while others note BTC avoided a major bearish signal and is sustaining upside momentum.

Prediction

BTC may oscillate between 95000 and 120000. If macro sentiment remains strong and ETF flows continue a break toward 120000 plus is plausible. However bearish setups could precipitate a test of 96000.

Summary

Now about 106000 volatile but steady

Mid term 95000 to 120000 range

Long term potential between 100000 and 200000