🕒 Timeframe: 1M (Monthly Candles)
📈 Last Price: $116,659.30
📈 Monthly High: $123,300
📉 Monthly Low: $114,211
📊 Volume: Decreasing slightly, currently at 13.54B USDT
📉 MA Lines:
• MA(7): $100,702 (Yellow Line) – Strong upward trend
• MA(25): $71,527 (Pink Line) – Bullish support
• MA(99): Not yet shown – Indicates it’s a relatively new uptrend
🔍 Technical Analysis
1. Trend:
The chart shows a clear long-term bullish trend, with monthly candles forming consistent higher highs and higher lows. The last few months show strong green candles with momentum continuing.
2. Moving Averages:
• MA(7) is sharply above MA(25), confirming bullish momentum.
• The gap between MA(7) and MA(25) is widening – a strong bullish indicator.
• No correction candle has broken the MA(7), showing strong buyer support.
3. Volume:
• Volume has declined slightly in recent months, which might signal weakening buying pressure.
• Still, no extreme sell volume is present – suggesting it’s more of a cool-down phase than reversal.
4. Resistance & Support Levels:
• Immediate Resistance: $123,300 (last month’s wick top)
• Next Major Resistance: ~$128,700
• Support Zone: $104,000 (recent monthly candle close)
• Strong Support: $100,000 psychological & MA(7) zone
🔮 Future Predictions (Q3–Q4 2025)
Scenario Target Price Confidence Conditions
🔼 Bullish $130,000 – $145,000 High If BTC breaks $123,300 and weekly closes above it with rising volume
🔁 Sideways $104,000 – $123,000 Medium If BTC consolidates near current highs with low volume
🔽 Bearish Correction $85,000 – $100,000 Low Only if BTC closes below $100,000 with high sell volume
⚠️ Risk Factors
• Volume Decline: Watch for a sharp drop in volume; could signal incoming correction.
• Overbought Zone: RSI not visible, but based on trend, BTC may be nearing overbought monthly zones.
• Macro News or Regulations: Any negative crypto regulations or global financial news can affect trend sharply.
✅ Strategy Suggestion
If you’re holding BTC:
• Hold (HODL) while above $104,000.
• Consider adding more on dips between $104K–$108K.
• Take partial profits near $125K–$130K zones.
If you’re trading:
• Breakout trade: Enter after clean break & retest of $123,300
• Stop-loss: Below $100,000 support if trend fails