Bitcoin (BTC) Market Update 🔥



BTC is consolidating in the $28,000 – $36,000 range, with support at $28,500 – $30,000 and resistance near $34,000 – $36,500. Traders are watching for the next momentum shift. $BTC
Technical Snapshot 📈

The 50-day moving average provides short-term support, with the 200-day moving average confirming the bullish trend. RSI is around 55, indicating further upside potential, while MACD is nearing a bullish crossover.

Outlook 🔮

In the short term, BTC may fluctuate within the $30k – $36k range. A breakout above $36k could trigger buying interest. In the medium term, institutional inflows may drive its move toward $40k – $50k .

Long-Term Potential 🚀

Over the next 1–3 years, as adoption and scarcity drive growth, BTC could reach $60k – $100k . It remains a key market benchmark and an inflation-hedge asset.
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BTC2.57%
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