$BTC Bitcoin's current price is $106,773.26, with a 0.12% decrease in the last day. Here's a forecast based on technical analysis:
- *Short-term prediction*: Bitcoin is expected to reach $106,584 today, representing a 0.39% increase. For tomorrow, it's predicted to gain 1% and reach $106,584.
- *Weekly prediction*: Bitcoin is forecasted to trade within a price range of $106,584 and $132,704 this week, with a potential 24.51% increase.
- *Monthly prediction*: Bitcoin's price is predicted to rise by 6.41% and reach $112,291 by July 16, 2025.
*Key Indicators:*
- *Relative Strength Index (RSI)*: Currently at 52.63, indicating a neutral position.
- *Moving Averages*: The 50-day SMA is estimated to hit $116,484 by July 16, 2025, while the 200-day SMA will rise to $91,238.
- *Support and Resistance Levels*: Support levels are at $104,674, $103,851, and $103,155, while resistance levels are at $106,193, $106,889, and $107,712.
*Market Sentiment:*
- *Bullish*: 24 technical analysis indicators signal bullish signals, while 5 signal bearish signals.
- *Fear & Greed Index*: 60 (Greed), indicating a relatively positive market sentiment .