$ETH

Bitcoin is currently trading around $93,528, after recording its all-time high of $109,464 in January 2025. On the daily chart, the price shows fluctuations within the range of $80,000-$97,000, with strong support at $80,000 and resistance at $97,000. The Relative Strength Index (RSI) and MACD indicate slight bearish pressure, reinforcing caution in the market. On the weekly chart, the price shows a potential correction pattern after breaking the resistance at $90,000, but it has not established stability above $100,000. The analysis indicates a possibility of a short-term drop towards $78,500-$80,000 if the price fails to break $97,000, with chances of a rise to $110,000 upon breaking the resistance. It is advised to monitor economic news and institutional movements to confirm the trend.