$BTC
Currently, the Bitcoin to Tether (BTC/USDT) trading pair is around $102,477, with daily fluctuations between $101,065 and $105,525, reflecting a rise of 0.21% over the past 24 hours.
📈 Technical Analysis and Current Trends
Bitcoin saw a significant rise in April 2025, surpassing the $100,000 mark for the first time since February, driven by optimism regarding new trade agreements between the United States and the United Kingdom, along with a flow of large institutional investments.
Technical indicators suggest strong upward momentum, with the Relative Strength Index (RSI) above 70, which may indicate a short-term overbought condition. However, key support levels are at $100,000, and if broken, prices could drop to around $92,000.
🔮 Future Predictions
Short Term (May – June 2025)
Expected price: Between $108,000 and $110,000, provided support is maintained above $100,000.
Risks: The potential for profit-taking may lead to temporary corrections towards $97,000.
Medium Term (July – November 2025)
Expected price: Predictions indicate rises up to $170,000 in August, with a monthly average of $127,000 in July.
