Information about Bitcoin (BTC) stock price in the stock market.
Bitcoin is a crypto in the CRYPTO market.
The current price is $117,914.0 with a change of $342.00 (0.00%) from the previous close.
The highest trading level during the day is $118,383.0 and the lowest trading level during the day is $117,572.0.
📊 Current technical state.
The current price of Bitcoin is approximately $117,914, with a slight daily increase of about +0.29%. The highest level during the day was approximately $118,383 and the lowest level was approximately $117,572.
(Bitbo)
On the Investing.com platform, the technical analysis shows a daily 'Buy' recommendation and a 'Strong Buy' weekly and monthly.
(Investing.com, TipRanks)
Indicators:
RSI ≈ 59.6 → Neutral signal with a slight tendency towards positivity.
MACD and ROC are in the buying zone.
The fast-moving averages (MA50/MA100/MA200) give clear buy signals.
ADX and CCI provide a general balance.
(TipRanks)
🎯 Support and resistance levels.
Daily pivot points (Classic):
First support at $117,205.
First resistance at $118,381.
(TipRanks)
Higher levels include additional resistance around $119,286 – $120,749.
(TipRanks)
📉 Short to medium-term forecasts.
The market shows a tendency to position or slight correction around the range of $117,000 – $118,500.
(CryptoPotato, TradingView)
A breakout above $122,000 could trigger a strong upward wave towards $135,000–$150,000 according to recent technical analyses.
(Blockchain News)
Citigroup sees that institutional flows through ETFs and user adoption are the main price drivers, not less than patterns like Stock-to-Flow.
(Financial Times)
🧭 Key fundamental catalysts.
Wide institutional adoption and holding BTC as a reserve asset with treasury strategies 🏛️.
(CryptoRank, Wikipedia)
Bitcoin recently achieved a realized capitalization of $1 trillion, reflecting its growing institutional role.
(CoinDesk)
Forecasts for price levels reaching $199,000 by the end of 2025 from Citi, if the upward movement and institutional inflows continue.
(Brave New Coin)
However, there are warnings of potential corrections near $109,000 if the price fails to continue moving positively within the current range.
(TradingView, AInvest)
🛠️ Recommendations and strategies.
For short-term speculators:
Watch support at $117,200 – $117,600 with a stop loss below approximately $117,000.
Target $118,400 – $120,000 in the first upward trend.
You can consider entering at approximately $117,000 or during a slight correction within it by the end of the day.
For medium to long-term investors:
Use DCA (Dollar-Cost Averaging) strategy within the range of $117,000 – $118,500.
Medium-term targets may reach $140,000+ if ETF adoption and institutional demand continue.
✅ Final evaluation.
Time frameEvaluationShort termNeutral – Positive with a possibility of stabilization or slight correctionMedium termPositive – Technical conditions allow for a rise towards 135–150kLong termOptimistic – Institutional adoption opens the door for higher targets (up to 199k).
👍 Channel support.
If you liked this analysis:
Press like ❤️ to support us!
Share the analysis with those interested in the crypto world!
Follow the channel to receive all the latest analysis, price levels, or direct technical signals 🔔.
