$BTC

Here is an updated analysis of Bitcoin's price today, along with a look at the short-term and long-term forecasts:

📈 Current Bitcoin Price

The price of Bitcoin today is $103,619, with a slight increase of 0.09% over the past 24 hours. 

🔍 Short-term Analysis (days to two weeks)

• Support and Resistance: The $102,000 level is considered a key support, while resistance is between $104,000 and $106,000. Breaking this range may push the price towards $110,000. 

• Influencing Factors: Bitcoin ETF inflows exceeded $920 million in the past two weeks, indicating increasing institutional interest. 

• Expected Volatility: Volatility is expected with any economic news, such as the Consumer Price Index (CPI) report and the Federal Reserve Chair's speech. 

📊 Medium-term Analysis (1-3 months)

• General Trend: The outlook remains bullish, with the potential to test levels of $108,000 to $112,000, supported by increasing liquidity and new investor entry. 

• Potential Risks: Include sudden economic shocks or changes in investment momentum. 

🚀 Long-term Analysis (6-12 months)

• Price Forecast: Predictions indicate the price could reach $150,000 – $180,000 by the end of 2025. 

• Supporting Factors: Increased adoption of Bitcoin by institutions, expansion of ETFs globally, and the direction of U.S. monetary policies towards supporting cryptocurrencies. 

✅ Summary

• Short-term: The market is stable above $100,000, with the potential for an upward trend if resistance levels are broken. 

• Medium-term: Positive outlook with the possibility of testing higher levels, while monitoring economic risks.

• Long-term: Strong forecasts supported by institutional factors and monetary policies, with price targets reaching $180,000.