1. Current price and daily performance
- Current price: $93,791 (up +2.31% in 24 hours).
- Daily trading range: between $91,147 and **$94,699**.
- Market capitalization: $1.86 trillion, with a daily trading volume of approximately $37.65 billion.
2. Driving factors for the rise
- Institutional inflows: Increased investments from companies like BlackRock and Fidelity, with rising demand for Bitcoin ETFs.
- Tight liquidity: "Whales" (large investors) withdrew over 14,000 $BTC from exchanges, reducing supply and pushing the price up.
- Economic context: Ongoing inflation and geopolitical instability have reinforced Bitcoin's role as a "digital safe haven."
3. Technical analysis
- Resistance and support:
- Strong resistance: $95,000 (previously tested at $94,699).
- Key support: $85,000 (tested multiple times).
- Technical indicators:
- RSI: at 74 (indicates an overbought zone, but not at dangerous levels).
- MACD: Strong bullish crossover signal, supporting continued positive momentum.
4. Short-term and long-term forecasts
- Coming weeks:
- Analysts expect a slight correction to $90,000 before resuming the rise towards $95,000.
- End of 2025:
- Optimistic forecasts up to $135,000 (according to Cathie Wood) or even $150,000 (according to Michael Saylor).
$5. Potential risks
- Sharp volatility: Regulatory developments (such as SEC lawsuits) or large sell-offs by "whales" may affect the price.
- "Fear and Greed" index: at 84 ("Extreme Greed" phase), which may indicate a correction is near.