Bitcoin is bullish towards the 95,000 area, targeting the 107,000 area

$BTC Cryptocurrency Market Analysis: Bitcoin, Ethereum, and the Dollar

1. Bitcoin (BTC) position:

Bitcoin is still in a buy mode, unlike altcoins that are showing a clear reversal. Bitcoin is targeting the $93,000 and $95,000 areas, with the price expected to reach a maximum at $96,000 or $95,500 before a rapid decline.

2. Dollar and USDT:

The USD range is currently targeting the 4.17 and 4.15 areas, while the USDT range is at the 4.19 level. A rebound is possible, but breaking the resistance indicates the entry of large liquidity with the printing of the Treasury company.

3. Ethereum ($ETH) forecast:

Ethereum is expected to reach the $3,500 area during this week, provided that there is supportive news for cryptocurrencies in general and not just Bitcoin.

4. Comprehensive Bitcoin Analysis:

Buying Bitcoin by some influencers does not necessarily mean a price increase, it may be affected by news or profit taking. However, the forecast indicates that Bitcoin is targeting the $107,000 area. This forecast has been ongoing for 4-5 months. If liquidity comes in with the printing of dollars, the price of Bitcoin is expected to reach the $100,000 area and above in the coming days.