Current Bitcoin $BTC analysis:
๐ฐ Current price:
Approx. $113,800 USD, down -1.8% over the last 24 hours.
๐ Technical analysis:
Downtrend: Indicators such as RSI, MACD, and moving averages suggest selling pressure.
There are no clear signs of an immediate rebound.
๐ง Fundamental analysis:
Strong institutional support (e.g., MicroStrategy and ETFs like BlackRock's IBIT).
The US Treasury holds BTC as a strategic reserve.
BTC reached a recent all-time high of ~$123,000 USD.
โ ๏ธ Risks:
Geopolitical tensions (such as new US tariffs) generate volatility.
Regulations and macroeconomic setbacks may put downward pressure on the cryptocurrency.
๐ฎ Overview:
Short-term: weak or bearish.
Medium/long-term: bullish if institutional adoption and flows into ETFs continue.