$BTC Bitcoin (BTC) is currently in a consolidation phase, trading just below $95,000. Despite a weekly increase of 10%, the psychological resistance of $100,000 has not yet been surpassed.
From a technical perspective, BTC has shown a short-term ascending channel pattern, indicating a positive trend. However, some analysts point out that the bullish momentum may be losing strength, suggesting a possible consolidation or correction in the short term.
Regarding projections, BTC is expected to reach $104,544 by April 30, 2025, which would represent a 9.76% increase from the current price. Additionally, some models predict that the price could reach $117,698 by May 4, 2025, based on historical patterns and technical analysis.
In summary, although Bitcoin shows signs of strength, investors should be alert to possible changes in the trend and consider both technical and fundamental factors when making decisions.
Information about the stock market for Bitcoin (BTC)
- Bitcoin is a crypto in the CRYPTO market.
- The price is currently 94944.0 USD with a variation of 224.00 USD (0.00 %) compared to the previous close.
The intraday high is 95533.0 USD and the intraday low is 93580.0 USD.