$BTC
#Bitcoin #BTC #Technical_Analysis #سوق_العملات
Current Price: $93,834
Change in 24 Hours: -0.47%
Market Cap: Approximately $1.84 Trillion
Daily Trading Volume: Approximately $35 Billion
📊 Technical Analysis
General Trend: Bullish, with a breakout from a descending wedge pattern and stability above the 200-day moving average.
Relative Strength Index (RSI): 65.8 (Positive Momentum).
Support Levels:
$85,000 — Strong support at previous breakout levels.
$76,000 — Potential accumulation area on the long-term trend line.
Resistance Levels:
$95,000 — Strong psychological and technical resistance.
$100,000 — Major and important psychological resistance.
$107,000 — Potential target if surpassed $100,000.
🔍 Influencing Factors
Massive institutional inflows into Bitcoin funds.
The decline of the US Dollar Index supports Bitcoin's rise.
Accommodative monetary policies from the US Federal Reserve.
📈 Forecast
Experts expect the bullish trend of Bitcoin to continue, with a possibility of breaking $95,000 soon, targeting $100,000 in the medium term.
Breaking support at $85,000 could lead to a correction towards $76,000.
#Bitcoin #BTC #Technical_Analysis #سوق_العملات #تداول #استثمار #Cryptocurrencies