SrMayoZ

Possible path that the price of BTC will take during the next weeks-months. Those areas between 50-70k are the key points for a long entry.

Here's my analysis and forecast based on the current BTC chart:BTC is currently experiencing short-term bearish momentum, which could push the price down towards key Fibonacci retracement levels, particularly around the 78.6% level near $66,700. There's also a possibility it might test even lower support areas highlighted on the chart.However, after this corrective move, the chart setup suggests a strong bullish rebound. According to the Fibonacci extension levels, Bitcoin could rally significantly, potentially reaching at least $135,000 by December 2025 or early 2026. This bullish move aligns with historical market cycles and the Fibonacci extension shown on the chart.Investors may find good entry points at these lower retracement levels before BTC resumes its upward trajectory toward the 135k target.This analysis is not financial advice and is for educational and informational purposes only. Always do your own research before investing.

BTCUSDT is currently consolidating within a narrow range, but the setup suggests a potential bullish breakout if key resistance levels are cleared. Here’s the breakdown:1. Order Book & Key LevelsThe order book reveals:•Support Zone: $95,750–$95,890•Resistance Zone: $95,900–$96,040For a bullish scenario, the price must break above $95,900 with strong volume.2. Technical Indicators•RSI Levels:•RSI (6): 39.18•RSI (12): 35.44•RSI (24): 38.66These values below 50 indicate bearish momentum, but a breakout could quickly push them higher, supporting a bullish run.•Long/Short Ratio: 1.8840 – showing more long positions, which aligns with potential upward momentum.3. Targets to WatchIf BTCUSDT breaks above $95,900 with high volume, here are the potential targets:•Target 1: $96,200 – This is the first minor resistance level.•Target 2: $96,500 – A psychological level and previous area of interest.•Target 3: $97,000 – Strong resistance from historical price action.If the price fails to break $95,900, it may retrace to test the support at $95,750 or even lower levels.ConclusionBTCUSDT shows promise for a bullish breakout if it can overcome $95,900. However, watch the volume and RSI levels for confirmation. Potential targets range from $96,200 to $97,000, but always manage risk and use stop-loss orders.Disclaimer: This is not financial advice (NFA). Always do your own research (DYOR) before making any trading decisions.What are your thoughts? Do you think BTCUSDT will break out or consolidate further? Let’s discuss!