Analysis Company Provided Two Levels for Bitcoin (BTC)! "Breaking Above This Level is Essential for a New ATH!"
MacroVision analysts stated that Bitcoin has significantly recovered and is currently showing new upward momentum.
Analysts pointed out that the BTC price is currently moving towards the resistance zone of $115,800-$120,300, noting that $115,800 is the first significant resistance.
They indicated that after the rapid recovery, the Bitcoin price could experience a pullback towards the $110,000-$107,000 levels in the short term.
Finally, it was noted that as long as BTC remains above the $105,000 level, the short-term outlook continues to remain positive.
Analysts also mentioned that in the medium term, breaking above $120,300 could bring new ATHs for Bitcoin.
Accordingly, if a breakout occurs above $120,300, the BTC price could experience a strong rise up to the levels of $129,000 – $133,000.
MacroVision analysts concluded that the significant resistance levels for Bitcoin's rise are $115,800-$120,300, and these levels need to be broken for the rise to continue.
Analysts also added that stronger corrections could weaken the upward outlook for Bitcoin again.
"In the short term: The $115,800 level represents the first significant resistance.
After the rapid rise, a pullback towards the $110,000-$107,000 levels is not unusual. However, as long as BTC remains above the $105,000 level, the short-term outlook continues to remain positive.
As for the upper limit: If a breakout occurs above $120,300, BTC could gain strong momentum towards the levels of $129,000 – $133,000 in the medium term.
However, it will be critically important to break above the $115,800 level in a timely manner in the short term."
#BTC #ETH #MarketPullback #SXT2025 #SpaceandTimen