Technical analysis by sabri2003 about Symbol BTC: Buy recommendation (1/23/2025)

Bitcoin is currently trending upwards, as the chart shows that the price of Bitcoin has been moving within an ascending channel since the middle of the month, with relative stability at current levels. The price is currently approaching a major resistance at $110,125, an important area that may determine the next direction ¹. Bitcoin is in a stable position and is preparing to test critical resistances. The price is expected to continue the current upward momentum with support holding at the GOAT SHIFT area. The first target is $125,000, the second is $131,000, and the third is $147,000 before April ¹. It is important to note that the market can change quickly, so it is important to follow technical analysis and news related to Bitcoin to determine trends and expectations