$BTC 📊 Brief technical analysis
• Healthy consolidation: BTC is currently moving within a range of US $105 000–$109 000 after reaching all-time highs around US $112 000 in May .
• Mayer Multiple indicators: show that the price is "undervalued" (~1.1× the 200-day moving average), signaling a possible new bullish momentum towards October .
• Moving averages and RSI: the 50 and 200-day moving averages are trending upward, the RSI remains neutral; a typical pattern of consolidation prior to a significant movement .
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🔮 Short and medium-term outlook
• Short term (July–August): a range between US $110 000–115 000 is expected, with a probability of minor pullbacks towards US $107 000 if selling pressure occurs .
• Third quarter: some conservative estimates point to a rally of 25 % to about US $135 000 by the end of September ().
• Long term (late 2025 and beyond): bullish forecasts placing BTC between US $168 000–200 000+, with scenarios of up to US $500 000 by 2028 .
