Technical analysis by EconomicanalysAbdulRahman about Symbol BTC on 7 hour ago

Technical Analysis - Bitcoin (BTC/USDT) Technical description: Bitcoin has been moving inside a clear rising channel since mid -April 2025, as the price recently wore the bottom of the channel near the axial support 115,708, reflecting the return of the purchasing momentum. The most prominent resistance is located at 125,932, which represents an important summit and an important barrier before targeting higher levels. Important technical levels: Resistance: 125,932 - 135,000 - 145,000 Call: 115,708 - 105,224 - 100,792 Positive scenario (rise): In the event of persistence above the level of 115,708 and the continued movement within the emerging channel, it is expected to target: 🎯 First goal: 125,932 🎯 The second goal: 135,000 📌 Stopping loss: daily closure under 115,708 Negative scenario (landing): In the event that the level of 115,708 is broken with a daily closure, we may witness a descending correction towards: 🎯 First goal: 105,224 🎯 The second goal: 100,792 📌 Stop loss: Return and closure above 118,000 Conclusion: The general trend of bitcoin is rising in the medium term, with the possibility of continuing to rise towards new peaks if the resistance exceeds 125,932, while breaking the support remains 115,708 indications of a temporary shift towards a deeper correction. 📍 Disclaimer: This analysis is for educational purposes only and is not considered a direct recommendation for sale or purchase.