The current price is 107940.0 USD with a change of -989.00 USD (-0.01%) from the previous close.
The highest trading level for the day is 109121.0 USD and the lowest trading level for the day is 107341.0 USD.
The price of Bitcoin on Binance today, as shown above, is trading around $107,940, down about 0.9% compared to the previous close.
📌 Predictions and focus for today
Key support: The area of $107,500 – $108,000 is considered strong support as analysts have mentioned, and if the price holds above it, it may continue the slight upward trend towards resistance at $110,000 (cryptorank.io, bravenewcoin.com).
Key resistance: The level of $110,600 acts as a barrier that the market has reached three times without breaking through, and if it succeeds in breaking, there is a potential for a move towards $114,000.
Technical analysis: Indicators like RSI and MACD show neutral signals, while weekly moving averages support the medium-term bullish scenario.
📈 Numeric prediction based on Binance data
According to Binance's forecasts for today:
The expected price for this evening: $108,196.
Tomorrow: approximately $108,268, an increase of about +0.5% (bravenewcoin.com, binance.com, coinmarketcap.com).
🎯 Summary of today's forecast:
Scenario analysis: The basic assumption is to hold above support at ~107,500$, with a slight upward potential towards 108,200 – 109,000$. Positive breakout: If it breaks the level at 110,600$, it may continue to grow towards 114,000$. Negative breakout: Breaking support at 107,500$ could push the price temporarily towards 105,000–106,000$.
💡 My market advice:
For short-term buying: Wait until the price stabilizes within the range of $108,000–$109,000.
For day trading: Take profits around resistance levels and set a stop-loss below support.
For medium/long-term investors: The situation remains technically positive with an ongoing general upward trend, but news related to significant wallet movements like those that appeared recently should be monitored (bravenewcoin.com).
My daily expectation: BTC price may consolidate between $108,000 and $109,000, with the possibility of touching $110,000 if it shows a slight shift in momentum.
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