$BTC 🔥Bitcoin's 2026 move is looking bullish, with some analysts predicting it could hit $150,000 by the end of the year.
💥Here's a technical analysis:
- *Current Price*: $66,850.17
- *Support Level*: $54,729.12 (lower Bollinger Band)
- *Resistance Level*: $96,225.36 (moving average) and $124,687.59 (upper Bollinger Band)
- *Trend*: Bearish in the short term, but bullish in the long term
- *Moving Averages*: 50-day MA is falling, while 200-day MA is rising
- *Volume*: $1.257 trillion, indicating strong market participation
💥Some key factors influencing Bitcoin's price include:
- *Regulatory Uncertainty*: Changes in regulations and government policies
- *Macroeconomic Trends*: Global economic conditions, such as inflation and interest rates
- *Adoption and Innovation*: Advances in blockchain technology and increasing adoption
#BTC $BTC #bullish