$BTC – Price Analysis Update ✍🏻
Is #ALTSEASON coming in 2025? 🚀
BTC is currently trading below the main daily downtrend, but price action remains neutral on the daily chart.
⏳ Short-Term Levels to Watch:
Resistance (High): $85,100
Support (Low): $81,500
Throwback:
Two months ago, when BTC was around $103,000, I warned of a possible correction toward $71,000.
We recently touched the $74,000 zone—almost perfectly hitting the mid T/K level I mentioned.
On the monthly chart, the Tenkan-sen continues to provide strong support, holding firm above $79,000.
Overall Trend:
Despite volatility, the macro trend remains bullish. I see this as a bullish consolidation, not a breakdown.
The local bottom likely formed around $74,500.
🔴 Bearish Warning:
If we get a monthly close below $78,900, that could shift sentiment bearish. (Zoom in on my chart for the details ✍🏻)
📈 Bullish Scenario:
A breakout above the $85,100 resistance could trigger a move toward $88,000.
On the weekly chart, this may signal a setup for a new all-time high.
A weekly close above $94,000 would be a strong bullish confirmation.
📉 Bearish Scenario:
If BTC fails the breakout and retests the 50% Fib zone at $81,500, it might revisit $71,000.
Key support zones to monitor:
$79,600
$79,500
$76,300
$74,500
💡 My Take:
If we get positive developments from the US (tariffs, PCI data, etc.), BTC could break out toward $88,000–$91,000, or even reach $94,500.
If BTC resumes its uptrend, I believe #altseason will launch in Q3–Q4 2025.
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