Bitcoin is currently trading around $96,450, showing consolidation after a strong bullish run earlier this quarter. The market remains highly liquid with strong institutional participation and steady on-chain demand.
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Bitcoin Next Target
• Current Price: $96,450
• Market Cap: $1.90 Trillion
• 24H Trading Volume: $42–45 Billion
• 24H High / Low: $98,200 / $94,100
• Circulating Supply: 19.6 Million BTC
• Max Supply: 21 Million BTC
• Market Trend: Consolidation after strong rally
• Key Support Zone: $93,000 – $94,500
• Key Resistance Zone: $98,000 – $100,000
• Short-Term Target: $100,000 – $105,000
BTC is consolidating inside a symmetrical triangle, showing clear compression and indecision. Price is holding above the lower trendline around 89.2k, which is acting as key support.
A breakout with a strong candle close above the descending trendline would confirm bullish continuation toward 93.5k+. Failure to hold the lower trendline could trigger a deeper pullback.
Bitcoin remains firmly in a high-value price zone, with buyers stepping in near dips and sellers active near psychological resistance.
Technical Indicators (Used for Forecasting)
Trend & Momentum
- RSI (14-Day): 58–62 → bullish but not overbought
- MACD: Bullish structure, momentum cooling slightly
- Trend Structure: Higher highs and higher lows intact
Moving Averages
- 50-Day MA: BTC trading above → bullish signal
- 100-Day MA: Strong long-term support
- 200-Day MA: Well below current price → confirms macro uptrend
Support & Resistance
- Strong Support: $93,000 – $94,500
- Secondary Support: $90,000
- Resistance: $98,000 – $100,000
- Breakout Zone: Above $100,000 with volume
📌 Short-Term Forecast (Next 1–3 Weeks)
- Bullish Case
Break above $98,000 → rally toward $100,000 – $105,000 - Neutral Case
Sideways range between $94,000 – $98,000 - Bearish Risk
Breakdown below $93,000 → pullback toward $90,000 – $91,500
📌 Mid-Term Forecast (Early 2026)
- Expected Range: $110,000 – $130,000
- Strong Bull Scenario: $150,000+
- Bear Scenario: $85,000 – $95,000
📌 Long-Term Outlook (2026)
2026 Potential
- Base Case: $130,000 – $160,000
- Bull Case: $180,000+
- Bear Case: $95,000 – $110,000
Latest Bitcoin News
- Bitcoin is consolidating below the $100,000 psychological level after a strong rally.
- Institutional demand remains high, with steady accumulation on dips.
- Traders are watching macro signals and interest-rate expectations for next major move.
- Market sentiment remains optimistic despite short-term volatility.
- Analysts believe BTC needs strong volume to break and hold above $100K.
Summary
Bitcoin is trading near $96,450, showing healthy consolidation after a major rally. The long-term trend remains bullish, with $100,000 acting as the key psychological barrier. If BTC breaks above resistance with strong volume, the next leg higher toward $105,000+ could begin.
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