$BTC

📊 Current Situation

• BTC Price: as of 12:51 PM Kyiv time, Bitcoin is trading at approximately $103,000, after dropping to $101,000 earlier today.

• Range over the last 24 hours: from $100,372 to $105,910.

• Weekly decline: over 5%, indicating active selling from long-term investors who have realized profits of $1.47 billion.

• Cryptocurrency market capitalization: decreased by 4.1%, to $3.33 trillion.

📉 Technical Analysis

• Key support: $101,000.

• Key resistance: $105,000.

• Trend: corrective downward channel with a short-term bearish bias.

• RSI: approaching lows, which may indicate potential oversold conditions.

🧠 Analytical Forecasts

• Possible recovery: analyst Michaël van de Poppe notes that Bitcoin is absorbing liquidity at current levels, which could indicate the end of the correction and potential for growth.

• Long-term outlook: some experts predict growth to $125,000 in June and to $150,000–$200,000 by the end of 2025.