✅ Bitcoin Technical Outlook Summary $BTC
Current Price Zone:
Trading between $104k–$106k, showing stability near $105k support after recovering from recent geopolitical noise.
Bull Flag Formation:
BTC is consolidating in a bull flag between $102k–$112k — a bullish continuation pattern. Rising OBV (volume) suggests quiet accumulation.
Short-Term Caution:
Head-and-shoulders breakdown tested near $107k; short-term caution advised unless price clears it cleanly.
Medium/Long-Term Trend:
50-day MA at $102k and rising 200-day MA signal neutral-to-bullish momentum overall.
Bullish Target Path:
If the bull flag breaks out, BTC could rise to $130k–$135k by Q3 2025, possibly $150k+ by year-end.
Macro Boosters:
ETF inflows, a weaker USD, and regulatory progress could push BTC toward $200k–$250k in 2025.
Risk Zone:
If BTC loses $102k, expect downside toward $98k–$100k.
Key Levels to Watch:
Resistance: $112k — breakout here signals bull run resumption.
Support: $102k — losing this opens downside risk.
Indicators: OBV rising + supportive MAs = bullish setup brewing.