🔍 #Bitcoin update: BTC price fell below $94k, after peaking at $108k on December 17, 2024. Currently, BTC fluctuates between $92k-$99k.
- Despite signs of decline, BTC remains above the 200-day EMA support level. RSI is at 42, neither overbought nor oversold.
- The Taker-Buy-Sell-Ratio is below 1, indicating the market is leaning towards the bears. USDt is rising, signaling caution.
- A drop to $80k is predicted with a head & shoulders pattern.
- However, the funding rates of futures contracts remain positive, indicating that the bulls still have strength.
💡 Long-term forecasts depend on the policies of the Trump administration and the Fed in 2025. Blockware predicts BTC prices between $150k-$400k.
👉 What do you think about the BTC trend? Share your opinions! 📈 #Crypto #Blockchain #Finance