Bitcoin is currently experiencing a price rise with a value of around $113,584.76 per unit, with a price change of 1.34% in the near term. Here are some technical and fundamental analyses to pay attention to¹:

*Technical Analysis:*

- *Moving Average:* Bitcoin is in a strong buying trend based on the moving average.
- *Oscillator:* The oscillator shows a neutral trend, but it should be noted that market conditions can change at any time.
- *Support and Resistance:* Bitcoin needs to maintain the level of $106,000 to keep the medium-term bullish structure.

*Fundamental Analysis:*

- *MVRV:* The current MVRV ratio of Bitcoin is at 2.13, slightly below the 365-day average of 2.14. This indicates the potential for a medium-term trend reversal.
- *Network Fees:* Bitcoin network fees have risen by 42% in the last week, indicating a high level of network engagement.
- *Institutional Adoption:* Increased institutional adoption, such as Bitcoin spot ETFs, can strengthen the potential rise in Bitcoin prices.

*Price Prediction:*

- *Short Term:* Based on predictions for the price of Bitcoin in the coming days, the price of Bitcoin is expected to continue to rise, with a potential high reaching $111,345.48 on September 30, 2025.
- *Long-Term:* Some analysts predict that Bitcoin could reach a price of $180,000 to $200,000 by 2025, and some even predict up to $1 million by 2030.