🔍 Chart Spotlight: Downtrend Cooling Off – Reversal Signal Ahead of $BTC
$BTC has been in a short-term downtrend but is showing signs of stabilization near key support. If bulls hold this zone and push past nearby resistance, we could see a strong bounce
BTC is 2.7% down now it goes back from:
📌 Reversal Zone: $107,800 – $108,200
🔥 A bounce from here could trigger a move back above $109K+, especially if volume and sentiment support it.
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📊 Target Zones – Where Can $BTC Go?
Short-Term: $107,800 ➜ $109,000 ➜ $110,200
Mid-Term (2025 Forecasts): Analysts expect BTC to reach $125,000–$135,000 in bullish market continuation
Long-Term: Institutional interest and ETF flow could drive BTC beyond $150,000 in the next macro bull wave 📈
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🚀 What’s Fueling This Move?
Whale Watch: Accumulation detected at $107K–$108K zones — possible sign of bottoming
Macro Trends: ETF approvals and macro inflation hedging continue to draw capital into Bitcoin
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🔑 Key Levels to Watch:
🟢 Support: $107,800 – $107,000
🔴 Resistance: $109,200 – $110,500
🎯 Entry Zone: $107,900 – $108,100
📈 Take Profit: $109,000 / $110,000 / $111,000
🛡️ Stop Loss: $106,800