Consolidation Above Key Support:
Bitcoin continues to hold firmly above the $100,000–$105,000 support zone, a critical area that acted as major resistance earlier in 2025. This sustained price action reinforces the prevailing bullish momentum and signals strength beneath the surface.
Wedge Formation Nearing Resolution:
The prolonged wedge pattern now taking shape suggests a substantial move is imminent. The structure supports a breakout scenario, with an initial target of $130,000–$135,000 in play.
Uptrend Intact, No Signs of Exhaustion:
Despite recent weeks of sideways action, Bitcoin continues to consolidate near its highs—a pattern that historically favors continuation, not reversal. The broader trend remains upward and firmly intact.
Focus & Opportunity:
Bitcoin's technical setup justifies close attention in the days ahead. At the same time, traders and investors should keep an eye on select altcoins, which could offer amplified upside as capital rotation picks up momentum.
#Bitcoin #BTC #Crypto #TechnicalAnalysis #BullishSetup #WedgeBreakout #PriceAction #Altcoins #CryptoMarket #MarketUpdate #AllTimeHigh
Bitcoin continues to hold firmly above the $100,000–$105,000 support zone, a critical area that acted as major resistance earlier in 2025. This sustained price action reinforces the prevailing bullish momentum and signals strength beneath the surface.
Wedge Formation Nearing Resolution:
The prolonged wedge pattern now taking shape suggests a substantial move is imminent. The structure supports a breakout scenario, with an initial target of $130,000–$135,000 in play.
Uptrend Intact, No Signs of Exhaustion:
Despite recent weeks of sideways action, Bitcoin continues to consolidate near its highs—a pattern that historically favors continuation, not reversal. The broader trend remains upward and firmly intact.
Focus & Opportunity:
Bitcoin's technical setup justifies close attention in the days ahead. At the same time, traders and investors should keep an eye on select altcoins, which could offer amplified upside as capital rotation picks up momentum.
#Bitcoin #BTC #Crypto #TechnicalAnalysis #BullishSetup #WedgeBreakout #PriceAction #Altcoins #CryptoMarket #MarketUpdate #AllTimeHigh
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.