$BTC Analysis by numbers.

1. Current price: Bitcoin (BTC/USDT) price is shown at $93,943.52.

2. General trend: The candles on the monthly frame show a strong bullish trend over the past months, with a peak recorded at around $108,353, followed by a slight correction.

3. Moving averages (MA):

The 7-month moving average (MA7) indicates price support at the 72,677.87 level.

The 25-month moving average (MA25) is far from the current price at 47,476.84, reflecting a strong bullish trend.

4. MACD indicator:

It shows a positive separation between the signal line and the MACD line, supporting the continuation of the bullish trend.

5. Price Action Analysis:

If the bullish momentum continues, the price may target $100,000 as a near-term psychological target.

If the correction continues, the price may return to test the support levels at $74,933 (as shown on the chart).

Forecast:

Positive scenario: If the strong demand for Bitcoin continues, the price may complete towards new historical levels, especially with the break of the recent peak at $108,353.

Negative scenario: In case of a deeper correction, the price may decline towards the support at $72,677.87 or even $47,476.84.

Note: These forecasts are based on technical analysis only, and prices may be affected by market news or economic events.

Be aware of ...all scenarios

$BTC What do you think?