$BTC

The current price of Bitcoin is $106,835, which is 1.96% higher than its previous close.

Technical Analysis

Support and Resistance Levels

There is no significant resistance level at present, but if the price drops, the first support level is around $92,000.

RSI (Relative Strength Index)

The RSI is currently at 63.83, indicating a buy signal.

MACD (Moving Average Convergence Divergence)

The MACD is at 1,227.94, also indicating a buy signal.

Volume

The volume has been lower at price tops and higher at price bottoms, indicating a healthy trend.

Fundamental News

Before Donald Trump's inauguration, Bitcoin crossed its historical highs to touch $109,000. Due to Trump's pro-crypto policies, analysts predict that Bitcoin's price could reach $400,000. Pension funds are also showing interest in crypto investments, such as the State of Wisconsin Investment Board making significant investments.