#BTC #MLP

📊 BTC Today's Market Analysis

Current Price: $114,312 💰

24-Hour Change: +1.37% 📈

7-Day Change: -7.49% 📉

Technical Analysis 🔍

RSI indicator shows 54.2, in a neutral to strong zone

Price is near the middle band of the Bollinger Bands, volatility is narrowing

MACD shows a positive value and is continuing to rise, short-term momentum is strengthening

Super Trend indicator shows a bearish signal, but the price is close to a key turning point

Key Price Levels 🎯

Resistance Level: $114,657 (Super Trend Line)

Support Level: $113,954 (Recent Low)

Future Trend Prediction 🚀

According to CryptoQuant analysis, the current pullback is expected to last 2-4 weeks before climbing to new highs. Bitwise predicts an average annual growth of 28.3% over the next decade, with a target price of $1.4 million by 2035.

Trading Advice 💡

In the short term, expect fluctuations in the $113,950-$114,700 range, consider going long after breaking $114,700 with a target of $116,000. Exercise caution if it falls below $113,500.

Market sentiment has shifted from panic to neutral, with institutional funds continuously flowing in, and the long-term trend remains bullish 🌟