📉#Bitcoin Re-tests Key Support Level – Is the Next Support Level $110,000?

$BTC is struggling to regain momentum above $100,000 and is currently re-testing the key support level within the ascending channel. Analysts suggest that as long as the support level holds, a rebound could push the price up to $110,000 - $112,000.

🔍 Insights:

*/ False Breakout: BTC briefly fell below the support level of $95,000 but then recovered, indicating potential bullish momentum.

*/ Bullish Target: The rebound may test the upper channel at $110,000.

*/ Bearish Risk: Some analysts warn that the price could drop to $87,000, which may lay the groundwork for a stronger recovery.

The long-term outlook for Bitcoin remains strong, but volatility is expected.

#BTC Price Analysis#2025加密趋势预测