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Technical analysis by TradingShot about Symbol BTC on 10/7/2025

https://sahmeto.com/message/3822101
TradingShot
TradingShot
Rank: 45
4.1

آخرین مقاومت بیت کوین: آیا ریزش ادامه دارد یا صعود بزرگ آغاز می‌شود؟

:Neutral
Price at Publish Time:
$124,166.3
،Technical،TradingShot

Bitcoin (BTCUSD) got rejected (and is currently pulling back) on the Higher Highs trend-line that started on July 14. This is technically the last Resistance before a complete technical bullish break-out that will take the market to a new pattern out of this 3-month consolidation phase. Until that happens, there are high probabilities to extend this pull-back all the way to the 0.382 Fibonacci extension ($119.5k), which is the minimum level that all similar corrections within these 3 months pulled back to. As you can see such similar corrections have all been on 4H RSI Bearish Divergences, which have been Lower Highs against BTC's Higher Highs, typical indicator of a Top. So what do you think will happen next, pull-back or break-out? Feel free to let us know in the comments section below! ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇

Source Message: TradingView
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