$BTC
📈 General Trend
Bitcoin is currently facing strong resistance around $112,000 (the highest monthly level since May).
Key technical support is at $107,000, followed by $100,000 as a key psychological level.
---
🔄 Technical Patterns and Indicators
1. Golden cross between the 50-day and 200-day exponential moving averages, a traditional bullish signal supporting the continuation of the uptrend.
2. Bernstein experts describe the $200,000 target for 2025 as "conservative," while CNBC sees the possibility of exceeding $130,000 soon.
3. According to Cointelegraph analyses, there is a possibility of reaching the peak in the summer of 2025 (around July), driven by the annual averages crossing above the logarithmic growth channel.
4. An initial support area is forming at $85,000–$92,000 during the correction, which attracted buying demand in mid-January.
5. On weekly and monthly timeframes, indicators like RSI (~42–43) and MACD are leaning neutral, suggesting the market is in a wait-and-see phase before a new move.
---
📊 Support and Resistance Levels
Level Role
$112,000 Immediate resistance, breaking it confirms bullishness
$107,000 First support level, breaking it is negative
$100,000 Key psychological support, a break represents risk
$85K–$92K Strong medium-term support area
$200K+ Long-term target supported by institutional indicators
---
🗓 Time Forecasts
Short term: Possibility of a slight corrective pullback to $107K–100K if the market remains volatile after the inflation reading.
