"Bitcoin 2025 Peak Projection: Bullish Momentum Towards $110K

Based on the chart:

1. **Major Uptrend from 2017-2025**: The long-term trendline shows consistent upward momentum, connecting key lows from 2017, 2021, and beyond. Bitcoin remains in a bullish macro structure.

2. **Key Fibonacci Levels**:
- The **1.382 Fib extension (94,770)** served as a critical resistance but was broken and now acts as support.
- The **1.618 Fib extension (109,690)** represents the next potential resistance, aligning with the projected 2025 peak.

3. **2021 Peak and 2022 Bottom**: The chart emphasizes Bitcoin's cyclical behavior, with the 2021 peak followed by a sharp 80% correction to the 2022 bottom. This highlights the possibility of a significant pullback after a new peak.

4. **Current Price Action**:
- A breakout from a consolidation channel has fueled the bullish rally.
- Bitcoin is approaching the **trendline resistance and 1.618 Fib level**, indicating a possible exhaustion zone near **110,000**.

5. **Projection for 2025**:
- A potential peak around **110,000** is expected, followed by a correction. The downside targets might include a return to the **94,770 level** or the long-term trendline for support.

### Strategy:
- **Short-term bullish bias** as Bitcoin trends toward 109,690.
- **Prepare for a reversal** around 110,000, targeting key retracement levels like 94,770 for support.
- Watch for patterns or confirmations near resistance before initiating any sell trades. BTCUSD