Bitcoin rises and hovers around the levels of 100 thousand dollars

Bitcoin traffic forecasts for the coming period Bitcoin

at the economic level

Bitcoin prices have risen strongly during today's trading, prices are hovering around the USD 100,000 Level, supported by investor optimism and favorable macroeconomic factors, including improved geopolitical sentiment and a stable interest rate environment, with growing conviction about the future of bitcoin.

Bitcoin at the technical level

Bitcoin prices are trading inside an ascending price channel on the daily frame, and the currency is trying to reach the upper limit of this channel, which corresponds to the completion of the shark harmonic model, which may reach the levels of 105,000 to 106,000 dollars.

In the event that we reach the completion of this pattern and rebound from it with any reversal candles, we may consider selling to target the lower limit of this ascending price channel.