$BTC
The current price of Bitcoin (BTC) is approximately $104,513, a slight decrease of –2.17% compared to the previous closing price. During today's session, the price fluctuated between $103,597 – $107,645.
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🕒 Short-term market summary:
• Support level: the area around $104,000 – this is an important technical liquidity zone.
• Current resistance: around $107,500 – $108,000, where selling pressure may occur.
• Forecast: If BTC holds above $104K with stable volume, there is a chance for a recovery towards the $107K area. Conversely, breaking the support zone could pull the price down to around $102K.
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🧠 Market sentiment:
According to Cointelegraph and Investing, Bitcoin is undergoing a market scan phase before major events such as the FOMC meeting and geopolitical tensions. Some analysts warn of the possibility of a “rug pull” if the price cannot hold above $105K .
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