Bitcoin $BTC $USDT has shown a strong upward trend in the short and medium term, reaching new all-time highs recently. Technical analysis points to a predominantly positive scenario.

General Trend

* Short and Medium Term: Bitcoin is in an upward trend channel, indicating positive development and growing buying interest from investors.

* Long Term: The upward trend also remains in the long term, with the price breaking resistances and signaling continuous appreciation.

Key Levels and Chart Patterns

* Resistance/Support:

* The level of $111,000, which was previously an all-time high and resistance, now acts as a crucial support.

* Bitcoin has found support around $105,000 - $107,000.

* There are indications that the price may reach $146,400 as an upward target, considering projections of previous chart patterns.