BTC Critical Levels to Watch for Bitcoin's Next) Moves

Bitcoin's recent surge has brought it to a crucial test. The $80,000 level is now a key support zone, thanks to its alignment with the Fibonacci 1.618 level.

This is the critical price point for Bitcoin to maintain if it wants to keep pushing higher. A break below this could signal a pullback.

Looking at the broader weekly chart, Bitcoin has consistently trended upward since early 2023, and the latest surge has brought it to the middle line of this long-term upward channel.

The $81,700 resistance level is key: if Bitcoin can break through it, the next target is $85,750, with $105,000 in sight for the long-term. On the downside, if Bitcoin faces selling pressure around the middle line, the immediate support is $78,800, followed by $73,500.

As the market absorbs Trump's policy promises and the Fed's actions, the next few weeks will reveal whether Bitcoin can continue this upward momentum or face a potential correction.