Technical analysis by Benz-Salah about Symbol BTC on 3/13/2025

Benz-Salah

Hello, tradersBitcoin stands at a critical juncture at $80,000, where market participants are engaged in a decisive battle between bullish momentum and bearish resistance. The outcome of this struggle will shape the next major move, with two distinct scenarios emerging.Scenario 1: A Retracement Toward $65,000If Bitcoin fails to maintain its current momentum, profit-taking and increased selling pressure could lead to a decline toward $65,000. This level serves as a crucial support zone, where demand may re-emerge to stabilize the price before any potential recovery. A break below this threshold would signal a deeper correction, potentially delaying any further upside in the near term.Scenario 2: A Breakout Toward $120,000For Bitcoin to sustain a move toward $120,000 by late March or early April, the market must see uninterrupted buying pressure over the next 10 days. There can be no hesitation—buyers need to absorb selling liquidity consistently, preventing any major pullbacks. The key level to watch in this scenario is $109,000, a major resistance zone that has the potential to act as the final barrier before BTC enters price discovery. A clean break and consolidation above this level would significantly increase the probability of an accelerated move toward $120,000.At this stage, Bitcoin is at a make-or-break point, and the direction it takes from here will set the tone for the coming weeks. Whether it experiences a healthy correction or an explosive rally depends entirely on how market participants respond at these critical price levels.t.me/+41lWT199fV4yMjc0 As you can see, it was a 1K account and we made 230K in the space of three weeks! It basically guarantees a 90 percent win rate on trade. If you want to attend for free, you can contact me. We could try working together for a week. I guarantee that within a week you will experience the fun of making money. If you are satisfied with my work and want to continue the cooperation, then we can discuss the issue of paying commission. If you are not satisfied with my work, you don't have to pay me any commission! Click the link below to join us: t.me/+41lWT199fV4yMjc0