#BTC Breaks Above $107,000

#BTC
When looking at the Bitcoin (BTC) evaluation towards the end of the day, it is seen that it draws a generally positive picture.
Current Status:
* Price: Bitcoin's current price is around 107,000 - 109,000 USD. (May vary slightly depending on the source.)
* Last 24 Hour Change: Most sources observe an increase between 0.46% and 3.93% in the last 24 hours.
* Weekly and Monthly Change: There are also significant increases on a weekly and monthly basis (around 2-4% weekly, 23-25% monthly).
* Market Value and Volume: Bitcoin's market value is over 2.13 trillion USD and its daily trading volume is also quite high, around 50 billion USD.
Technical Analysis and Expectations:
* Rising Channel: It is stated that it has been moving within an ascending channel for the last 1.5 months and has recorded increases of around 15-18% after consolidations within this channel.
* Resistance and Support Levels:
* Some analysts state that the levels of 107,000 - 109,000 USD are being tested as resistance and that if these levels are broken, the levels of 110,000 - 111,000 USD may be seen.
* Support levels stand out as around 96,900 USD and 104,600 USD.
* Some estimates indicate that the resistance of 105,755 USD is likely to be broken.
* Long-Term Expectations:
* A new record of around 150,000 USD is expected by the end of 2025.
* In the long term (by 2030), there are estimates that it could reach $250,000, or even $1.5 million in some bull scenarios.
* RSI Status: If the RSI breaks the downtrend, it could increase the likelihood that Bitcoin will break the current resistances.
In summary:
Bitcoin continues its uptrend and technical indicators generally paint a positive picture. In the short term, if the resistance levels are tested and broken, the upward movement is expected to continue. Long-term estimates indicate quite ambitious targets.
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