$BTC
Today's Bitcoin forecast suggests a potential rise, as the price of Bitcoin has increased by 0.79% to reach $85,825.76. According to analyses from FXStreet, Bitcoin is expected to retest the major resistance at $85,000, and may either break through to $90,000 or drop to $78,000.
*Technical forecasts:*
- *Resistance levels*: $92,000 and $100,000
- *Support levels*: $82,000 and $76,500
*Analysts' opinions:*
- Some analysts believe that Bitcoin will continue its upward trend if it stays above the level of $70,550.04.
- Meanwhile, others see that Bitcoin will face further downside risks due to trade wars and their impact on stocks and cryptocurrencies