📈 1. Daily Performance and Historical Peaks
BTC price rose to a new record level of around $112,000 – the highest point since last May, before it broke down again around $111,300–$111,400 currently.
This rise is driven by increased demand from institutional investors, a decline in the US dollar, and technical catalysts such as the breakout of the 'bull flag' pattern on the chart.
🧠 2. Technical Indicators
The 'Bull Flag' pattern indicates the potential for an additional rise of about 30%, meaning potential levels between $140,000–$146,400 if the current momentum continues.
Key support levels are around $107,000–$100,000, supported by moving averages (50-day MA).
Momentum is still positive and balanced, with the RSI indicator within a non-overbought range.
⚠️ 4. Potential Risks and Alerts
There is potential profit-taking after the recent rise, especially at new peak levels around $112,000–$112,500.
If the price drops below $107,000, further decline is expected to reach around $95,000.
🔮 5. Forecasts and Opportunities
Bullish Scenario: If Bitcoin maintains the momentum of the technical pattern breakout and surpasses $112,500, it could reach $140,000–$146,000 in the coming period.
Bearish Scenario: Breaking support at around $107,000 could lead to a correction towards ~$100,000, and possibly to ~$95,000 if pressures worsen.
This time is considered an opportunity for gradual entry, but it is advisable to set stop-loss orders and manage risks tightly.