BTCUSD, Binance Futures, Short Term
January 25, 2025
Market Conditions
Bitcoin remains within the $100,000–$107,000 range. Key levels remain unchanged, with support and resistance determining the next direction.
Support: $103,500 – if buyers defend this level, further attempts to break through $107,000 are expected.
Resistance: $107,000, a breakout above this level could significantly strengthen the bullish trend.
Conclusion
If buyers maintain the $103,500 support and the price breaks through the $107,000 resistance, bullish target zones are expected to be reached: $119,700–$121,000 and $138,500–$140,000.
However, a close below $96,500 would invalidate the bullish outlook.
✍️ Important Note: The above post provides general information and should not be considered specific investment advice. All investments carry significant risk, especially in volatile cryptocurrency markets. All investment decisions should be based on thorough market analysis and consideration of individual risk tolerance!
Market Conditions
Bitcoin remains within the $100,000–$107,000 range. Key levels remain unchanged, with support and resistance determining the next direction.
Support: $103,500 – if buyers defend this level, further attempts to break through $107,000 are expected.
Resistance: $107,000, a breakout above this level could significantly strengthen the bullish trend.
Conclusion
If buyers maintain the $103,500 support and the price breaks through the $107,000 resistance, bullish target zones are expected to be reached: $119,700–$121,000 and $138,500–$140,000.
However, a close below $96,500 would invalidate the bullish outlook.
✍️ Important Note: The above post provides general information and should not be considered specific investment advice. All investments carry significant risk, especially in volatile cryptocurrency markets. All investment decisions should be based on thorough market analysis and consideration of individual risk tolerance!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.