Based on current market trends and technical analysis, Bitcoin (BTC) is expected to experience volatility in the next 24 hours. Here are some key signals and predictions:
*Current Price:* $118,473.81
*Short-Term Sentiment:* Bullish, with 12 out of 17 technical indicators suggesting a buy signal
*Resistance Levels:* $123,001 (first major resistance), $124,967.3 (four-week forecast)
*Support Levels:* $111,909 (bottom support), $61,000 (significant support level)
*Predicted Price Range for Next 24 Hours:* $117,990 - $119,233
*Long-Term Forecast:* $221,485 (2025), $369,701 (2030)
Some analysts predict a potential downward move due to the negative funding rate and higher short leverage. However, significant open interest and positive volume delta suggest a breakout in either direction could be imminent ¹ ² ³.
Keep in mind that cryptocurrency markets are highly volatile, and prices can fluctuate rapidly. These predictions are based on historical data and technical analysis, but actual market performance may differ.
For the most up-to-date information and personalized predictions, consider consulting AI-powered platforms like cryptoaitrend.com or Pricefore ⁴ ⁵.
