Bitcoin is in the spotlight with rising hopes for a future increase. After reaching nearly $110,000 earlier this year, its price has dropped to about $86,500. Analysts are watching key moving averages that could signal a comeback.
- Current price: $86,500.
- Monthly decline: 6%.
- Key resistance levels: $86,200 (200-day MA) and $88,300 (50-day MA).
- Potential high prediction: $300,000.
| Event | Price Prediction |
|---|---|
| Breakout Success | $91,500 |
| Possible Crash | $78,200 |
