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Bitcoin is expected to move around the $104/105,000 average this week and have an upward trend. When we look at recent Bitcoin analyses, an upward trend and upward potential are generally expressed.


Current Situation and What Do Analysts Say?
* Stabilization around $104,000: Many sources state that Bitcoin has been consolidating around $103,000 to $105,000 in recent days. Staying above this level is seen as important for the continuation of the bull market.
* Upward potential: Some analysts expect Bitcoin to move towards $110,000 and above if it breaks the $107,000 and even $110,000 resistance levels. Some estimates even talk about a rally of $131,000 to $155,000.
* Institutional Demand and ETF Inflows: Increasing institutional interest and inflows into spot Bitcoin ETFs continue to have a positive impact on the price. ETF applications and approvals from major players such as BlackRock also support this momentum.
* Technical Indicators: In general, technical analysis indicators (such as moving averages, RSI) show positive momentum in the short and medium term. However, RSI above 70 in some places may also indicate the possibility of a correction in the short term.
* Psychological Support: The $ 100,000 level is seen as a strong psychological support for Bitcoin, and staying above this level shows that the bulls maintain their strength.
Things to Consider:
* Volatility: Crypto markets have high volatility as always. Therefore, price predictions are speculative and market conditions can change suddenly.
* Resistance Levels: Breaking important resistance levels, especially $ 105,000 and $ 108,000, will be critical for the continuation of the upward movement. A rejection at these levels may cause a pullback.
* Macroeconomic Factors: Macroeconomic factors such as interest rates, inflation and the general economic situation can also affect the price of Bitcoin.
Conclusion:
Bitcoin's course around $104/105 thousand and our expectations of upward momentum seem to be in line with current market conditions and analyst views. The continuation of institutional demand and positive technical indicators are among the factors supporting this momentum. However, due to the nature of the market, it is always more important to be careful and do your own research. Best regards
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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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Ybaservip
ยท 13h ago
HODL Tight ๐Ÿ’ช
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CryptoAnTT9vip
ยท 22h ago
HODL Tight ๐Ÿ’ช
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TonmoyBDvip
ยท 05-20 13:44
Thanks for the info ๐Ÿ™
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GWTajminvip
ยท 05-20 12:34
thanks for information....
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Serctinavip
ยท 05-20 12:26
Thanks for the info ๐Ÿ™
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Berojbelvip
ยท 05-20 12:23
Watching Closely ๐Ÿ”
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Cinar_karavip
ยท 05-20 12:23
2025 GOGOGO ๐Ÿ‘Š
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Feditavip
ยท 05-20 12:22
Ape In ๐Ÿš€
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C_must_88vip
ยท 05-20 12:20
Bull Run ๐Ÿ‚
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Muzrafa61vip
ยท 05-20 12:20
Bull Run ๐Ÿ‚
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