#Bitcoin2025
🔍Technical Analysis
General Trend:
The trend remains bullish, with strong support at the $105,000 level.
Current Resistance:
The psychological level at $110,000 represents strong resistance, as we have noticed price fluctuations around it in recent days.
💣Technical Indicators:
The Relative Strength Index (RSI) shows signs of overbought conditions, which may indicate a potential price correction.
There are signs of weakening bullish momentum, which could lead to testing the support level at $100,000 if selling pressure continues.
🧭Fundamental Analysis
Institutional Support:
We have seen an increase in institutional investments in Bitcoin, with Strategy Company announcing an increase in its holdings to 580,250 Bitcoins, enhancing confidence in the market.
Positive Regulations:
The regulatory environment in the United States has improved, with progress in stablecoin legislation, boosting optimism in the market.
Economic Data:
Investors are awaiting the release of the Personal Consumption Expenditures (PCE) index in the United States this week, which may affect interest rate expectations and consequently risk appetite in the markets.
📊Forecasts
Positive Scenario:
If the resistance level at $110,000 is breached firmly, we may see targets of $115,000 to $120,000.
Negative Scenario:
If the price fails to maintain support at $105,000, it may head to test levels of $100,000 or lower.
