A significant shift in Bitcoin's trend has been observed, as the upward parallel channel has given way to a top-bottom flat channel. This change in trend direction is clearly captured in the chart patterns.
Currently, Bitcoin is testing the support line of the newly formed top-bottom flat channel. A reversal from this level could spark a substantial upward move. Our analysis suggests that Bitcoin is poised to retest the $100,000 level.
Trading Strategy
-Signal: BUY Bitcoin (BTC)
-Entry Zone: 94000 - 94500
Target Prices:
1. TP1: 96200
2. TP2: 98000
3. TP3: 100000
Stop Loss: 92500
Follow my professional profile and support me as I can post more profitable ideas for you guys.
#BitwiseBitcoinETF #BTCXmasOrDip? #Crypto2025Trends #CryptoRegulation2025 #MarketRebound