$BTC Price Prediction: Key Levels to Watch in the Next 48 Hours
Bitcoin (BTC/USDT) is currently trading at $100,505, showing a +2.27% increase in the past 24 hours. Recent price action has been marked by consolidation, with a 24-hour high of $101,888 and a low of $98,072.
Technical Outlook
Support: $99,454 (7-day moving average). If Bitcoin breaks below this level, we could see a retest of $91,295.
Resistance: $104,088. A breakout above this level could trigger a rally to $105,506 or higher.
Indicators:
The MACD shows a bearish divergence, signaling potential slowing momentum.
Volume remains steady, but a surge would be needed for a decisive move.
Prediction for the Next 2 Days
If Bitcoin holds above $99,454, we might see a test of $104,000 resistance. However, failure to maintain support could result in a pullback to the $91,000 range. Traders should stay cautious as volatility is likely.
What’s your take? Will Bitcoin break out, or are we due for a correction?
