FenzoFx—Bitcoin continues its bearish trend after hitting its 2025 all-time high at 113,165. BTC/USD is currently trading near $105,400, a high-volume area where price could either bounce or break lower.
The key resistance level rests at $103,170, supported by a bullish Fair Value Gap. If price holds above this zone, Bitcoin could rise toward $107,090.
However, a close below $103,170 would invalidate the bullish outlook, with the next bearish target at $99,435.
The key resistance level rests at $103,170, supported by a bullish Fair Value Gap. If price holds above this zone, Bitcoin could rise toward $107,090.
However, a close below $103,170 would invalidate the bullish outlook, with the next bearish target at $99,435.
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Knowledge Should Be Free – And So Is Your Path to Trading Success.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.