$BTC

The price of Bitcoin is experiencing a decline today of about 3% and is moving in the range of $101,000–$104,000 after being close to $106,500. The important support currently is at $100,000–$102,000, and breaking it could open the way towards $95,000. On the other hand, resistance is concentrated around $105,000–$106,000, and any breakthrough could bring momentum back towards $110,000. The market is suffering from low liquidity due to the weekend holiday, and individual investors are in a state of extreme caution. Michael Saylor believes that Bitcoin could reach millions of dollars in the long term, while some analyses predict targets between $220,000 and $330,000 during the current cycle.