The current price of Bitcoin is $99,586, with a decrease of -3.54% over the past 24 hours. The market capitalization of Bitcoin is approximately $2.06 trillion.
*Technical Analysis of Bitcoin:*
- *General Trend*: Neutral leaning towards bearish.
- *Trend Indicators*: The Relative Strength Index (RSI) shows a value of 46.80, indicating a neutral trend.
- *Moving Averages*: The moving averages show buy signals, while some other indicators show sell signals ¹ ².
*Analysts' Forecasts:*
- Some analysts believe that Bitcoin will continue to experience volatility, with the possibility of a sharp drop or rise in the near future.
- Some analysts indicate the possibility of Bitcoin rising if global liquidity continues to increase.
*Influencing Factors:*
- Rising US bond yields increase the appetite for risk aversion.
- Global trade tensions and geopolitical tensions may affect the price of Bitcoin ¹.