The current Bitcoin (BTC) price is around $118,358.09, with a 24-hour high of $120,063.84 and a low of $117,683.53. Here's a breakdown of the technical indicators and predictions for the next 24 hours:
Technical Indicators
- *RSI*: The 14-day relative strength index (RSI) is currently at 73.38, indicating overbought conditions, which may lead to a price drop in the near term.
- *Moving Averages*: The short-term moving averages (MA(7) and MA(25)) are above the long-term moving average (MA(99)), indicating a bullish trend.
- *Bollinger Bands*: The upper band stands at $122,428, and the lower band is at $102,157. The price is currently above the SMA, indicating a potential drop to the SMA level ($112,292).
Predictions
- *Short-term Prediction*: The predicted price for tomorrow is $117,562, and for next week is $116,541, indicating a potential decline.
- *Long-term Prediction*: The predicted price for 2025 is between $180,722 and $221,485, and for 2030 is $369,701.
- *Next 24 Hours*: Some predictions suggest that BTC may reach $125,543.89 within a week, while others indicate a potential rise or fall to $124,967.3 within a four-week period ¹ ².
Market Sentiment
- The short-term sentiment is bullish, based on technical price analysis, with 12 indicators calling for a buy and 2 for a sell.
- The market cap is around $2.36 trillion, and the 24-hour trading volume is $49,881,175,387 ¹ ³.
Keep in mind that cryptocurrency markets are highly volatile, and predictions are subject to change. It's essential to do your own research and consider multiple sources before making any investment decisions.
$BTC
#BTCWhaleTracker
Technical Indicators
- *RSI*: The 14-day relative strength index (RSI) is currently at 73.38, indicating overbought conditions, which may lead to a price drop in the near term.
- *Moving Averages*: The short-term moving averages (MA(7) and MA(25)) are above the long-term moving average (MA(99)), indicating a bullish trend.
- *Bollinger Bands*: The upper band stands at $122,428, and the lower band is at $102,157. The price is currently above the SMA, indicating a potential drop to the SMA level ($112,292).
Predictions
- *Short-term Prediction*: The predicted price for tomorrow is $117,562, and for next week is $116,541, indicating a potential decline.
- *Long-term Prediction*: The predicted price for 2025 is between $180,722 and $221,485, and for 2030 is $369,701.
- *Next 24 Hours*: Some predictions suggest that BTC may reach $125,543.89 within a week, while others indicate a potential rise or fall to $124,967.3 within a four-week period ¹ ².
Market Sentiment
- The short-term sentiment is bullish, based on technical price analysis, with 12 indicators calling for a buy and 2 for a sell.
- The market cap is around $2.36 trillion, and the 24-hour trading volume is $49,881,175,387 ¹ ³.
Keep in mind that cryptocurrency markets are highly volatile, and predictions are subject to change. It's essential to do your own research and consider multiple sources before making any investment decisions.
$BTC
#BTCWhaleTracker
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
117,613.45
-1.02%
