#TrumpBTCTreasury
Bitcoin is currently trading near $106,263, down 0.6% since the previous close. On the daily timeframe, it faces resistance at $106,000–$106,300, while strong support is found between $104,200 and $103,150. Technically, it is under corrective pressure within a 'Correction Mark' pattern, with the stochastic indicator near the buying zone, indicating a potential breakout or decline soon.
On the other hand, the mining difficulty rate is slightly decreasing after reaching its highest level, and the 'big players' line is witnessing continuous inflows, especially from institutions like MicroStrategy that are increasing their accumulations. Short-term forecasts indicate a trading range between $100,000 and $110,000, with a medium-term upward trend towards $140,000–$170,000 $BTC $USD1 #MetaplanetBTCPurchase