#BTC ‎The Bitcoin market is currently witnessing a mixed trend with long-term bearish pressure remaining but mid-term prices are stabilizing. The long-term trend has been bearish as the price has fallen from $126,199 to $60,000 over the past year, but the 16.74% increase in the last 30 days has given new hope to investors.

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‎Technically, the HMA and other moving averages are moving in a positive direction, reinforcing the buying trend. In the short term, the RSI is at 56.44, indicating a neutral market. Currently, the $80,000 level has emerged as a key psychological resistance, while the $78,430 level is providing nearby support. Experts say that although institutional investment is increasing, there is a possibility of a minor correction in prices in the short term due to geopolitical tensions and economic concerns. Overall, the market looks bullish in the mid-term but it will take more time for a full recovery.