The current price of Bitcoin is $96,235.55, down 0.51% in the last 24 hours. The market shows high volatility, with movements between $96,132.67 and $97,895.68. Uncertainty is evident, but there is potential for a new direction in the near future.
Bollinger Bands: The price is approaching the middle line ($90,832.21). If this support holds, a rebound towards $100,716.73 is still possible.
MACD: Although still positive, momentum is starting to weaken. Beware of the potential trend reversal if the DIF line crosses below the DEA.
Stochastic: The number is still neutral, but shows room for further decline before entering the oversold area.
Volume & Trend: High trading activity, reflecting strong interest despite selling pressure dominating. The short-term Moving Average also shows a downward tendency.
Short Prediction: Bitcoin is expected to move in the range of $96,000–$97,800. A breakdown below $96,000 could push the price down to $90,800, while a breakout above $97,900 opens opportunities towards $100,700.
Note: This is not investment advice. Always perform your own analysis before making trading decisions.