Bitcoin

Bitcoin Weekly Outlook

30

BTC is pushing towards key Fibonacci levels, with targets at:
🔹 129K (61.8% extension)
🔹 234K (100% extension)

Support remains strong at 81.5K, with resistance around 97.7K. Eyes on a potential breakout to higher levels! 🚀

#Bitcoin #CryptoAnalysis #Trading"


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Short Analysis Report:

Key Levels:

Support: $81,499 (current strong support zone).

Resistance: $97,698 (near-term barrier for further gains).


Fibonacci Insights:

61.8% extension targets $129,195, aligning with bullish momentum.

100% and 123.6% extensions (234K339K) signal long-term potential if the breakout sustains.


Trend: BTC remains in a bullish channel, with the current structure indicating potential for upward continuation. Short-term corrections may occur but should respect key support levels.


This setup suggests a promising 2025 outlook if momentum persists!

Penafian

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