When will $BTC reach 120 thousand 🤔🎯
Between September and October 2025, God willing 🎀🤲
🚀 Updated Technical Analysis for Bitcoin – BTC
Current Price: $105,334
(Date: June 24, 2025)
📊 General Trend: Very Strong Upward (Historic Breakout)
🔹 What happened?
All major resistances above 73K, 80K, and 90K have been broken, reaching the 105K area.
This rise reflects very strong buying momentum, especially from investment funds and companies.
🔍 Upcoming Resistances (Future Technical Targets):
107,000 → First Psychological Resistance
110,000 → Technical Resistance and Short-term Target
120,000 → Medium-term Target if the momentum continues
📉 Current Supports (in case of correction):
101,000 → First Support
97,500 → Very Important Support
92,000 → Major Support (breaking it is considered negative behavior)
🔥 What caused this big rise?
Entry of massive institutions publicly (ETF & Pension Funds)
Encouraging economic data and reduced inflation fears
Expectations of a reduction in U.S. interest rates
Decrease in supply after the recent Halving event
📌 Tips and Technical Recommendations:
Do not enter now if you are not already in the trade… wait for a healthy correction.
Day Trader: Watch 101K – 107K for volatility.
Long-term Investor: Targeting 120K is still possible, but take profits at each peak.