#BTC
Bitcoin's current trend is bullish, with a 1.25% increase in the last 24 hours, reaching a price of $96,160. The market capitalization stands at $1.88 trillion, indicating strong recovery in activity.¹
*Key Indicators:*
- *Short-term Trend*: Bullish, with complete alignment of averages favoring bulls
- *Medium-term Trend*: Bullish, with confirmed reversal signals to the upside
- *Long-term Trend*: Bullish, supporting a positive long-term bias
- *Momentum*: Recovery, with technical divergence indicating potential continuation of the movement
*Possible Scenarios:*
- *Bullish Scenario*: If Bitcoin remains above $91,600, targets could be $95,150, $100,000, $107,000, and potentially $109,354, representing a 15% increase from the current level.
- *Bearish Scenario*: If Bitcoin breaks below $91,600, it could drop to $84,000, $82,700, $81,300, $79,000, or $74,500, representing a potential decline of up to 21%.²
*Expert Predictions:*
- *Power Law Model*: $130,000-$200,000+ by end of 2025, driven by network growth and institutional adoption
- *Presto Research*: $210,000, driven by institutional adoption and global liquidity
- *Standard Chartered*: $120,000 in Q2, $200,000 by year-end, driven by whale accumulation, ETF flows, and macroeconomic trends³