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Bitcoin Price Forecast for the Near Future 📈

Currently, the price of Bitcoin is $96,397, which is 5.46% lower than the previous close. During the day, the price reached a high of $102,591 and a low of $96,397.

Recently, Bitcoin has experienced a significant decline, losing about 15% from last month's record. This drop is linked to recent statements by U.S. President Donald Trump regarding the introduction of new tariffs on imports from Canada, Mexico, and China, which could lead to inflationary consequences and affect the Federal Reserve's decision on lowering interest rates. Such news puts pressure on non-yielding assets, including Bitcoin.

Key Support and Resistance Levels:

• Support: $92,000 — a level where the price may find support, considering previous price points and trend lines.

• Additional Support: $87,000 — a possible support level if the price continues to decline.

• Resistance: $106,000 — a key resistance zone, with a breakout potentially leading to a price increase.

Forecasts for the Coming Days:

According to forecasts, the price of Bitcoin may fluctuate between $98,654 — $113,506 in the coming days.

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