#BTC Price Analysis#

📊 Overview

#Bitcoin trades at $98,256, down -4.07%. The long-term uptrend is intact, supported by Bollinger Bands and Fibonacci fan levels.


Key Points:

Support Zones: Strong at $60,532

Resistance Levels: Overhead resistance at $107,434.

Momentum: Bullish, as indicated by expanding green MACD bars.


💡 Outlook

#BTC could test $120,000 by 2025 if support holds. A breakout above $107,000signals more upside, while dips to $90,000 present opportunities.


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$BTC

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February 06, 2025 at 8:26 AM
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