Bitcoin’s short-term trading trend is currently neutral to slightly bearish.The latest real-time price is **$108,923.20**, showing a small decline of **-0.28%** from the previous close. Today’s trading range has been between **$108,668.07 (low)** and **$109,627.26 (high)**, indicating relatively narrow price movement and consolidation near recent highs.
Key short-term signals:
- **Price is above the 50-day average ($106,464.89)**, which suggests underlying strength, but the recent pullback from the all-time high ($111,970.17) signals caution[1].
- **Volume** is slightly below average, hinting at reduced momentum and possible indecision among traders[1].
- **Support** is likely near $108,500 and $106,500; **resistance** is around $109,600 and $110,000[1].
**Short-term forecast:** Expect Bitcoin to trade sideways with a slight downward bias unless it breaks above $110,000 with strong volume. If support at $108,500 fails, a test of the 50-day average near $106,500 is possible. Volatility remains high, so rapid shifts are possible.