According to some web sources, the trend of BTC in the next 24 hours is likely to be bullish, as the price of BTC is expected to hit $56,235 in the next 10 days. The short-term prediction sentiment is also bullish based on technical price analysis. Bitcoin price currently sits above all 10,20,50,100, and 200-day exponential moving averages, which show a bullish signal. However, the 14-day relative strength index (RSI) is currently at 88.72, indicating overbought conditions, which means that the price can drop in the near term. Therefore, the trend of BTC may change depending on various factors, such as market demand, supply, news, and events. Please note that this is not financial advice, and you should do your own research before making any investment decisions.
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