Bitcoin (BTC) is currently trading at $109,250, showing a slight decline of about 0.35% over the last 24 hours. The price remains close to its all-time high, with recent support from institutional demand and positive market sentiment.
Short-term trading outlook:
• Immediate resistance: $110,174 (Supertrend indicator); a breakout above this could trigger further upside toward $112,000.
• Key support levels: $105,000, $103,000, and $99,900 (major moving averages and Fibonacci zones).
• Next 24 hours: Bitcoin is expected to range between $108,500 and $110,000, with a modest 2–3% upside possible if bullish momentum holds.
• Weekly view: If bulls maintain control above $105,000, BTC could target $110,000–$112,000 this week.
Medium-term and long-term forecasts:
• By late 2025: Multiple analysts project a potential rally toward $130,000–$150,000 if current bullish trends continue and no major regulatory or macroeconomic shocks occur.
• Risks: Bitcoin remains highly volatile, with price swings driven by global economic events, regulatory changes, and investor sentiment.
Trading strategy tips:
• Watch for a decisive move above $110,200 for confirmation of a new bullish leg.
• If BTC falls below $103,700, a deeper correction toward $99,900 is possible.
• Always use risk management, as price predictions are speculative and crypto markets are volatile.#StrategyBTCPurchase