$BTC
To predict Bitcoin's movement over the next 24 hours, let's analyze the current trend:
Current Price: 23,537,001.82 PKR
Change over 24 hours: -0.25% (Slight decrease)
Short-term trend: Slight decline followed by a minor recovery
Potential scenarios for the next 24 hours
1. Bullish scenario (Price increase):
If Bitcoin gains momentum and breaks resistance, it could rise to 23.8M - 24.0M PKR.
Factors: Positive market sentiment, institutional buying, or favorable global news.
2. Bearish scenario (Price decrease):
If selling pressure increases, BTC could drop to 23.3M - 23.4M PKR.
Factors: Negative news, large sell-offs, or economic uncertainty.
Technical considerations:
If Bitcoin maintains its recent recovery trend, it may move sideways or slightly up.
Breaking key resistance levels could trigger a rise.
However, if BTC cannot hold its support, a decline is possible.