BTC is pushing towards key Fibonacci levels, with targets at: 🔹 129K (61.8% extension) 🔹 234K (100% extension)
Support remains strong at 81.5K, with resistance around 97.7K. Eyes on a potential breakout to higher levels! 🚀
#Bitcoin #CryptoAnalysis #Trading"
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Short Analysis Report:
Key Levels:
Support: $81,499 (current strong support zone).
Resistance: $97,698 (near-term barrier for further gains).
Fibonacci Insights:
61.8% extension targets $129,195, aligning with bullish momentum.
100% and 123.6% extensions (234K–339K) signal long-term potential if the breakout sustains.
Trend: BTC remains in a bullish channel, with the current structure indicating potential for upward continuation. Short-term corrections may occur but should respect key support levels.
This setup suggests a promising 2025 outlook if momentum persists!