#MarketPullback Analyst outlook and price levels
Support and Resistance: Analysts are watching key support levels between $108,000 and $110,000. A breakdown below this range could trigger a further drop. Resistance is seen around $112,700–$113,000.Bullish divergence: Despite the price drop, some technical indicators like the RSI on the daily chart show bullish divergence, which may indicate weakening selling pressure.Long-term accumulation: On-chain data suggests that long-term holders continue to accumulate Bitcoin, with exchange balances declining.Consolidation: The current phase is seen by some as a period of consolidation before the next directional move, with some analysts maintaining a moderate bullish bias based on institutional demand and favorable monetary policy expectations.
1 BTC equals
178 457,02 bg lv now