BTC price prediction today | Bitcoin price news
Bitcoin has shown continued bullish momentum in 2025, will it continue its rise?
In this article, we will discuss the BTC price prediction today, potential reasons why it is bullish, and where we can see it in the coming weeks.
Bitcoin Short-Term Price Forecast
According to technical analysis, Bitcoin forecast for today is bullish. BTC is currently trading around $104,050, having recently broken through the critical resistance level of $104,000.
This rise suggests a continuation of the uptrend that began after a recent pullback to around $89,000, where BTC tested ema50 and rebounded.
BTC is now targeting the next major resistance at $105,000. This level has been a formidable obstacle in the past and could challenge further upward momentum. If BTC overcomes this resistance, it could aim for new all-time highs between $110,000 and $115,000, depending on historical patterns and psychological levels.
On the downside, $100,000, which was significant resistance before the breakout, now acts as a short-term support level. If BTC drops below this mark, the next support level is around $95,000, where the price consolidated before its recent rally. A deeper decline could see Bitcoin retest crucial support at $90,000.
The bullish sentiment is reinforced by BTC’s current position above key moving averages, which traditionally indicates a strong uptrend. Additionally, the increased trading volume accompanying the breakout above $100,000 highlights significant buyer interest, further supporting the bullish scenario.
Bitcoin Price: Latest News
Since the start of 2025, BTC has been heavily influenced by fundamental news.
Anticipation around the election of the president that of Donald Trump next inauguration has particularly impacted the cryptocurrency sector. His administration is expected to take a pro-crypto stance, with the appointment of key figures like Paul Atkins and David Sacks, known for their favorable views on cryptocurrency.
Proposed executive orders to establish a national Bitcoin reserve and end debunking practices signal a move toward greater acceptance and integration of digital assets into the U.S. financial system.
Institutional interest in BTC increased, in particular pension fund. Michigan and the State of Wisconsin Investment Board have made significant investments in regulated U.S. exchange-traded funds, such as BlackRock’s fund. Bitcoin ETFs and Grayscale’s Ethereum ETF.
This trend reflects growing confidence in Bitcoin as a legitimate financial asset, driven in part by expectations of supportive policies from the new administration.
In summary, Bitcoin predictions for today are optimistic and could achieve the above-mentioned targets in the near term. It is advisable to keep an eye on the latest Bitcoin price news as it can help you make an informed investment decision.
FAQs
Will Bitcoin go up tomorrow?
No one knows the answer to this question because BTC is one of the most volatile assets in the crypto market. Basically, the outlook for Bitcoin today is optimistic, but this does not guarantee that tomorrow it will continue its momentum. It is advisable to do some research, consult cryptocurrency experts and then make the decision to trade BTC tomorrow.
What factors influence the price of BTC?
The price of Bitcoin is influenced by many factors, including individual and institutional interest, media coverage, social media and news media sentiment, mining difficulties, and possible correlations with d other financial markets.
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