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#BitcoinPriceAnalysis
hi everyone today we discuss the Bitcoin started the new week with a sideways movement around 101,670 USD. The market is currently in a sensitive zone, and investors are closely monitoring both macroeconomic developments and technical signals.
Current Situation and Technical Outlook
Support: 100,000 USD
Resistance: 105,000 – 108,000 USD
In the last 24 hours, the price pulled back from the 105,000 USD level to the 101,000 USD range.
The RSI (Relative Strength Index) is at 46, indicating that the market is neither overbought nor oversold.
The MACD indicator shows weak recovery signals, suggesting that short-term volatility may increase.
Market and News Support
ETF inflows have remained flat in recent days, but institutional investor interest continues.
Upcoming inflation data in the US and the Federal Reserve’s interest rate policy are among the most important factors that will determine Bitcoin’s direction.
According to Glassnode data, long-term investors have reduced selling pressure, providing stability on the supply side.
Liquidity shortages in Asian markets are limiting price movements, but an increase in trading volume could strengthen upward momentum again.
Investor Analysis
Short-term investors are cautious, preferring to take advantage of volatile moves with short trades.
Medium- and long-term investors see the 100,000 USD range as a “gradual buying opportunity.”
For the uptrend to resume, a strong breakout above 105,000 USD with significant volume is required.
Strategy Recommendations
1. Short Term: The 100,000–105,000 USD range should be monitored closely. If a breakout above 105,000 is supported by volume, the target could be the 115,000–130,000 USD range.
2. Long Term: If a close occurs below 100,000 USD, the risk of correction increases. Therefore, a stop-loss level should be set.
3. Risk Management: The entire portfolio should not be allocated to BTC; capital diversification must be maintained.
4. Avoid emotional trading: The market has not yet determined its direction; patience is the most important strategy.
Possible Scenarios
Positive: Bitcoin breaks above 105,000 USD and heads toward the 115,000–130,000 USD range.
Neutral: Sideways consolidation continues between 100,000–105,000 USD.
Negative: If it falls below 99,000 USD, the risk of correction toward 94,000 USD emerges.
Conclusion
Bitcoin is currently at a critical threshold. Macroeconomic data, ETF flows, and institutional movements will be the main factors determining the price direction. For investors, patience, discipline, and planned strategies are more important than ever.
#Bitcoinpriceanalysis