#Crypto2025Trends
Today's Bitcoin price is estimated at around $94,053, down 2.04% from the previous price. During the day, the price ranged between $93,922 as a minimum and $97,182 as a maximum. The 24-hour trading volume was around $47.36 billion, indicating a significant activity in the market.
Trend Analysis:
1. Short-term trend:
The price is showing a 2.04% decline, reflecting the selling pressure in the market.
If the price continues to stay below the support level at $93,900, we may see a further decline towards $92,000.
2. Long-term trend:
Bitcoin is showing resistance at $97,200. If the price manages to break through this level, we may see a rise towards $100,000.
The long-term outlook remains positive, especially with the approaching "Hebelfing" which usually supports the price rise.
Recommendation:
Speculators: It is preferable to monitor the support level at $93,900 and open short-term buy trades if signs of a bounce appear.