#PriceTrendAnalysis Analysis of Bitcoin Price Trends (BTC)**

Bitcoin (BTC) has shown notable movements in its price recently. Below is an analysis of its current trend:

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**Recent Trend:**

- **Consolidation Range:** In recent weeks, Bitcoin has been consolidating in a range between $94,000 and $100,000. This phase of consolidation indicates a pause in previous volatility, suggesting that the market is assessing its next significant move. citeturn0news10

**Key Factors Influencing Price:**

- **Economic and Regulatory Policies:** The recent presidential election in the United States has generated expectations about possible changes in economic and regulatory policies related to cryptocurrencies. These expectations have influenced market sentiment and, consequently, the price of Bitcoin. citeturn0news12

- **Inflation and Federal Reserve Decisions:** Persisting inflation has increased the likelihood that the Federal Reserve will maintain current interest rates, which may negatively affect risk assets like Bitcoin. citeturn0news11

**Important Technical Levels:**

- **Key Support:** The $97,000 level has acted as critical support. A weekly close above this level could indicate bullish momentum towards new all-time highs. citeturn0search1

- **Resistance:** The $100,000 area presents itself as significant psychological and technical resistance. Overcoming this level could open the doors to further price increases.

**Conclusion:**

Bitcoin is at a crucial phase, where macroeconomic factors and political decisions play determining roles in its future direction. Investors should closely monitor these developments and the mentioned technical levels to make informed decisions.