Bitcoin2025 is currently testing a key support zone at $104,800, where the ascending trendline and horizontal support intersect.
This level is crucial, holding here could trigger a bounce back toward the $117K–$121K zone within the rising channel.
However, a breakdown below this support may lead to a drop toward the $101K fair value gap or even lower supports around $97K and $88K.
BTC is at a decision point.
Watch this level closely for the next move.
DYRO, NFA
This level is crucial, holding here could trigger a bounce back toward the $117K–$121K zone within the rising channel.
However, a breakdown below this support may lead to a drop toward the $101K fair value gap or even lower supports around $97K and $88K.
BTC is at a decision point.
Watch this level closely for the next move.
DYRO, NFA
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Related publications
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.