Summary Analysis of $BTC (BTC/USD) – Daily
Bitcoin remains in a clear upward trend, validated by the ascending trend line and the breakout of the previous ATH (around 108,000 USD). Last week, BTC marked a new all-time high close to 112,000 USD, but closed at 108,900 USD, leaving a weekly candle with strong volatility (range: 102,000–112,000).
In the chart, a critical support/resistance zone is observed between 108,000 and 110,000 USD, now acting as key support. The recent drop on Friday was due to news of possible 50% tariffs from Trump on the EU, which strengthened the dollar and pressured BTC. However, on Sunday, there was recovery following Ursula von der Leyen's announcement of a possible negotiation with the U.S., weakening the dollar and pushing up European futures and cryptocurrencies.
The automatic Fibonacci levels indicate:
0.786 (~109,000): current zone, possible exhaustion.
0.618 (~100,000) and 0.382 (~94,000): important supports in case of correction.
Key levels:
Immediate support: 108,000–110,000 USD.
Secondary support: 100,000 USD and 96,000 USD.
Critical resistance: ATH at 112,000 USD.
Scenarios:
If it maintains support and exceeds 112,000 with volume, it could extend to 115,000–120,000 USD.
If it loses 108,000 USD, there is a risk of retracement to 100,000 or 96,000 USD.
BTC remains strong, but exposed to macroeconomic factors such as trade tensions and dollar behavior.
