#BTCOutlook

Bitcoin (BTC) Price Prediction for the Next 7 Days

Current Situation

Current Price (BTCUSDT): 97,052.24 USD

Recent High: 98,646.45 USD

Recent Low: 95,892.07 USD

Technical Analysis

RSI Indicator: Currently, the RSI indicator shows that BTC is in an "Overbought" state, which may lead to a price adjustment in the near future.

Bearish Signal: There are no clear bullish signals, but there is a bearish signal from the RSI indicator indicating a potential price decrease in the short term.

Price Prediction

Based on technical indicators and the current market situation, BTC price may fluctuate between 95,000 USD and 98,000 USD in the next 7 days. However, with the "Overbought" signal, there is a possibility that the price will adjust downward.

Conclusion

Probability of Price Increase: Low due to the bearish signal from the RSI indicator.

Probability of Price Decrease: High, may adjust to around 95,000 USD.