#ceatorpad

#BTC

💲 Current price

• Bitcoin price: approximately $114,793

• Over the past 24 hours, the price has ranged between $113,398 and $115,678, with little change compared to the previous day.

📰 Context and quick analysis

• According to TradingView, the current price is estimated at $115,069 (slight increase +0.06%) 

• CoinMarketCap indicates around $115,045, with an increase of about +0.83% over the past 24 hours 

• CoinGecko mentions a price equivalent to $114,949 with a daily increase of about +1.09%, with a weekly trading drop of approximately 3.1% 

Thus, the agreed price between the most reliable sources ranges between approximately $114,800 and $115,100, which is very close to the value in the financial instrument.

Adjustment of technical/fundamental analysis according to the correct price:

Technical analysis:

• The price is currently stable around $114,800–$115,000.

• Previous support was estimated at ~56,000, but the market has surpassed much higher levels.

• The nearest upward resistance is concentrated around $123,000, which is considered ATH (All-Time High reached on July 14, 2025, at $123,236)   .

• The RSI is still in a moderate range and may continue to improve before overbought conditions.

• The price is moving above long-term moving averages, supporting a positive trend.

Fundamental analysis:

• Institutional interest remains strong, and some government actions, such as creating a strategic Bitcoin reserve in the United States, are increasing buying confidence .

• Despite the downward pressure from negative ETF flows, Bitcoin's price shows stronger resilience than other altcoins like XRP and Solana .

• The global inflationary environment is pushing some investors towards Bitcoin as a store of value.

✅ Updated summary

• Bitcoin is currently stabilizing around $114,800–$115,000.

• The technical trend remains bullish as long as the price stays above $100,000.

• Significant resistance expected at $123,000, which is the previous distribution level.

• Strong support is now considered at $110,000–$112,000 in case of a technical correction.

• Investors are monitoring developments in ETF flows, governmental institutions, and regulatory policies to guide the upcoming situation.