Technical analysis by PipsWin-com about Symbol BTC: Buy recommendation (1/17/2025)

BTC/USD has experienced an impulsive move higher since the 89,030-swing low posted on January 13. Currently, the pair is testing key resistance levels:Bespoke resistance: Located at 102,261.161.8% Fibonacci extension: Positioned at 102,424.A weekly close above 102,735 would confirm bullish momentum, increasing the likelihood of BTC/USD reaching a new all-time high next week.Key Support: The next major support is not seen until 93,563, highlighting potential downside risks if the resistance holds.Key Levels to Watch:Resistance: 102,735 (weekly close for bullish confirmation).Support: 93,563.#BTCUSD #Crypto #WeeklyOutlook #TechnicalAnalysis #TradingStrategy