$BTC #Binance The technical analysis of Bitcoin (BTC) at the end of the month shows a neutral trend with a bearish bias. Below are some key points:

- *Current price*: Bitcoin is trading around $110,920.29, with a market capitalization of $2.22 trillion.

- *Short-term trend*: The short-term trend is mixed, with some technical indicators showing bullish signals and others bearish. However, most analysts predict a rise in the price of Bitcoin in the coming weeks.

- *Support and resistance levels*: The first major resistance level for Bitcoin is at $116,000, and if the price manages to break this level, it could rise to $120,000 or even $150,000. On the other hand, the key support is at $106,000, and if broken, it could fall to $104,500 or even $102,000.

- *Options expiration*: The end-of-month options expiration is approaching, and traders are preparing for possible volatility. The "maximum pain" price for Bitcoin is around $116,000, where the highest volume of options contracts will expire.

- *Sentiment analysis*: Investor sentiment remains fragile, and most participants are waiting for a stronger confirmation before reopening long positions.

- *Predictions*: Some analysts predict that Bitcoin could reach $125,000 or even $150,000 in the current cycle, while others warn of a possible deep correction if the price fails to reclaim the $116,000 level.¹ ² ³

In summary, the trend of Bitcoin at the end of the month is uncertain, with a bearish bias due to possible volatility around the options expiration and the lack of bullish momentum. However, some analysts predict a price increase in the coming weeks. It is important to note that the cryptocurrency market is highly volatile and can change rapidly.$BTC