When examining the movement of the $BTC BTC/USDT pair on the chart, a very strong upward trend is noticeable in recent times. Especially the upward momentum that started at the beginning of 2024 has accelerated even more in the first months of 2025, surpassing historical price peaks. Currently, the price is trading at around $102,630 and has recorded a significant daily increase (5.70%).
Short-Term Outlook:
* There is currently strong buying pressure. The price may be moving towards new record levels by surpassing its recent peaks.
* In the short term, it is expected that this momentum will continue and the price will rise further. However, profit realizations can also be observed after such rapid increases.
* In the event of a pullback, previous peak levels and psychological support points (e.g., $100,000) can be monitored as significant support levels.
Long-Term Outlook:
* The long-term trend still appears to be strongly upward. Factors such as institutional interest in Bitcoin, inflation concerns, and limited supply may support this rise.
* From a technical analysis perspective, it is critically important to stay above significant support levels for the continuity of the trend.
* However, considering the high volatility of cryptocurrency markets, unexpected developments and corrections may also occur.
Important Note:
* This analysis is based on the information on the current chart and is not an investment advice.
In conclusion, according to the current chart, it is expected that the BTC/USDT pair will maintain strong upward momentum in the short term and move towards new peaks. The long-term trend is also upward, but potential corrections and market dynamics should be closely monitored. Particularly, it will be important to observe any selling pressure that may occur at these levels and whether support points are maintained.
