$BTC
📈 Bitcoin Price Update
As of now, Bitcoin is trading at approximately $106,000, with a slight change over the past 24 hours of about +0.45%.
📊 Summary of Numbers:
Highest price during the day: approximately $106,100
Lowest price during the day: approximately $105,100
Average across major platforms: ranges between $105,700 and $105,900
Binance platform: $105,896
Kraken platform: approximately $105,248
🔍 Current Market Trends:
There is increasing interest from major institutions in buying Bitcoin, with companies like MicroStrategy purchasing large quantities daily.
However, some technical analysts warn of a potential negative price reversal, as there are signs of a technical pattern known as "Inverted Cup and Handle," which could push the price to $90,000 if support is broken.
📌 Upcoming Predictions:
Short term: The price is expected to move within a narrow range between $105,000 and $106,000.
Medium and long term: Influencing factors include: institutional investment flows, ETF funds, events like “Bitcoin Halving,” and regulatory developments.
✅ Summary for You:
Current price: $105,998
General trend: Stable with a slight upward inclination
Monitoring factors: Institutional activity, ETF funds, technical analysis, and global market news
