Technical analysis by aminazarpey about Symbol BTC on 11/2/2025

Bitcoin (BTC/USDT) continues to trade inside a well-defined ascending channel, maintaining its broader bullish structure. The price is currently consolidating near the mid-range zone, just above key supports around $100K–$105K, while facing resistance near the $124K level. As long as Bitcoin holds this structure and stays above the green trendline, the uptrend remains intact. A breakout above $124K would likely trigger the next major leg higher, with potential targets around $144K, $158K, and eventually $185K–$214K according to Fibonacci and channel projections. If the current consolidation extends further, the $95K–$100K region may act as a high-probability reaccumulation zone, offering another opportunity for mid- to long-term investors before the next expansion phase. Overall, the structure remains healthy and bullish, and this range could serve as the final base before Bitcoin makes a decisive move toward new all-time highs.