Overview #BTC from 1/1 to 12/5/2025:

Bitcoin started the year around $99,900, reaching a peak of ~$108,700 (mid 2/2025) due to ETF expectations and institutional money flow. However, BTC sharply declined to a low of ~$74,000 on April 8 due to concerns about U.S. tax policy, then quickly recovered. Currently, BTC is fluctuating around $104,000, holding above the psychological support level of $100,000.

Weekly frame:

• Strong support: $92,000 – $100,000

• Resistance: $110,000 – $120,000

• The main trend remains bullish, with the Higher High – Higher Low pattern maintained.

Forecast for the next 3 months:

• If it stays above $100,000, BTC could aim for $120,000.

• If it breaks below $100,000, it could adjust to $92,000 or lower.

Main risks: U.S. financial policy, geopolitical volatility, actions from the SEC, and whale manipulation.

Recommendation: Prioritize holding positions if the price stabilizes above $100,000. No FOMO, adhere to discipline and manage capital tightly. Always prepare for unexpected volatility.