#BTC #PowellRemarks
Currently, Bitcoin's trend is recovering and is likely to continue growing. The old peak in May 2025 is acting as an important resistance zone, and if the price breaks through this level, the upward momentum will be consolidated. Technical indicators such as MACD and Stochastic Oscillator are both giving buy signals again, creating optimistic conditions for Bitcoin's short-term trend. If Bitcoin successfully conquers the old peak, the next target could be the $118,000-120,000 zone.