$BTC short-term trend

In the short term, the price trend of Bitcoin (BTC) may face adjustments. Some analysts predict that Bitcoin could drop by about 20-25%, possibly down to around 70,000 USD, if the trend related to M2 money supply continues. Currently, BTC is trading near 96,000 USD, and after failing to break the 100,000 USD barrier, it has faced selling pressure and profit-taking from investors.

Technical analysis shows that BTC may encounter strong resistance at levels around 95,900-97,000 USD, and investors need to monitor important support levels from 89,500 to 90,000 USD. High price volatility and concerns about profit-taking have created a cautious sentiment in the investment community.

Although an adjustment trend may occur, some optimistic opinions still suggest that if Bitcoin maintains at 89,000 USD or exceeds the 97,000 USD threshold, it could open up the next growth phase, thus paving the way for the establishment of new price milestones in the future.