đ Bitcoin Price Forecast â Updated Outlook
đ Short-Term (Next 12â48 Hours):
BTC is currently trading between $104,622 â $106,791, with EMA7 and EMA25 converging â a sign of growing bullish momentum.
If BTC breaks above $106,791, we could see targets at $107,500 â $108,000.
Support remains firm around $106,000 â $105,050.
đź 24-Hour Outlook:
Projected Range: $108,500 â $111,500
Average Expected Price: ~$110,000
Closing above $107,500 opens the door to $112,000 â $115,000
â ïž Risk Alert â Macro Factors:
Binance analyst James Wynn warns that rising geopolitical tensions or unchanged U.S. interest rates could trigger a pullback to $93,000â$95,000.
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đ Mid to Long-Term Outlook:
2024: Institutional support and ETF inflows could push BTC to $110,000.
2025: Dr. Profit forecasts a rally to $120,000 â $140,000 by MayâJune.
Next 100 Days: Favorable technicals and improving market conditions point toward a potential surge to $135,000.
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đ Binance Trade Strategy Summary:
Bullish Setup:
Break above $106,791 = potential run to $108,000 â $110,000
Bearish Scenario:
Drop below $105,050â$104,400 = possible decline to $102,000â$104,000
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Stay sharp and manage risk â Bitcoin's next big move could be just around the corner.
