#HODLTradingStrategy ///The current price of Bitcoin (BTC) is $108,352.00, with expectations to reach $186,088.32 by 2025. Technical indicators suggest an upward trend, as the Relative Strength Index (RSI) shows a value of 58.14, indicating a neutral state. The simple moving averages for 50 and 200 days indicate buy signals, supporting the bullish forecast.
*Short-term forecast:*
- The 200-day simple moving average is expected to reach $99,368.94 by August 5, 2025.
- The short-term 50-day simple moving average is expected to reach $112,315.41 by August 5, 2025.
*Technical indicators:*
- Relative Strength Index (RSI): 58.14 (neutral state)
- Moving averages: Buy signals
- Market sentiment index: Bullish 97.06%
Bitcoin is expected to remain in an upward trend this week, with a 72.01% chance of rising by 2025 if it reaches the expected price target. However, it is essential to monitor market changes and technical analysis to determine the trend more accurately ¹.
