The last price for one Bitcoin coin/$BTC is $94,495. It has increased by 0.31% over the last 24 hours. 52.88% of the days the BTC price closed above the opening.
The projected sentiment for the short-term outlook is bullish based on technical price analysis. The first major resistance of the upward trend for BTC is at the level of $99,449, it needs to close above this level to continue moving up, while the lower support is at the level of $94,381. Thus, if the price falls below $94,381, we may see the price go even lower. On the other hand, if it can close above the level of $99,449, it could rise to the next resistance level at $103,491.
The 14-day Relative Strength Index (RSI) is currently at 36.76, indicating neutral market conditions without oversold or overbought conditions. Similarly, the Relative Strength Index (RSI) on the weekly chart is at 63.48, which also indicates neutral market conditions.#BtcNewHolder