$BTC
#BitcoinBounceBack To predict Bitcoin's movement over the next 24 hours, let's analyze the current trend:
Current Price: 23,537,001.82 PKR
24-Hour Change: -0.25% (Small decline)
Short-Term Trend: A slight downward movement followed by a minor recovery
Potential Scenarios for the Next 24 Hours
1. Bullish Scenario (Increase in Price):
If Bitcoin gains momentum and breaks resistance, it could rise towards 23.8M - 24.0M PKR.
Factors: Positive market sentiment, institutional buying, or favorable global news.
2. Bearish Scenario (Decline in Price):
If selling pressure increases, BTC could drop to 23.3M - 23.4M PKR.
Factors: Negative news, large sell-offs, or economic uncertainty.
Technical Considerations:
If Bitcoin sustains its recent recovery trend, it may move sideways or slightly up.
Breaking above key resistance levels could trigger an upward rally.
However, if BTC fails to hold its support, a drop is possible.