🕒 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

#Btc #analysis #Write2Earn