$BTC

Market: The price of Bitcoin is influenced by supply and demand, institutional adoption, and economic developments.

Technical Analysis:

🏔 Support level at $78,000, and resistance level at $107,000-$106,000.

The Relative Strength Index indicates overbought levels (above 78) or oversold levels (below 97).

The 50 and 200 moving averages may signal an upward trend if a bullish crossover occurs.

Forecast:

✈️ Bullish: A breakout above $97,000 may push the price of Bitcoin towards $106,000.

🛩 Bearish: A breakout below $97,000 may lead to a correction towards $106$ETH