$BTC Bitcoin's current price is around $118,967.61, with predictions suggesting a potential trading range between $116,972.24 and $121,353.35 in the next 24 hours. Analysts are watching for a breakout from the symmetrical triangle pattern, which could push Bitcoin to new record highs, potentially testing the $120,000 level and possibly reaching $125,000 or even $130,000 in the coming weeks. Long-term forecasts indicate a potential rise to $139,391 by August 20, 2025, and $202,206.13 by the end of 2026. However, some technical indicators show signs of potential correction, with the MACD indicator generating a sell signal and the RSI nearing overbought levels ¹ ².
