Bitcoin Update: Potential Reversal Ahead
We believe Bitcoin is approaching a major resistance level around $106,000. This could lead to a reversal with Bitcoin potentially dropping to the following levels:
• $93,000
• $84,000
• $72,000
We see these levels as strong support areas and good buying opportunities. Our primary target is $72,000, but we’re also watching the higher levels for potential reversals.
We expect Bitcoin to eventually reach new all-time highs between $130,000 and $150,000 by July-August 2025.
We believe Bitcoin is approaching a major resistance level around $106,000. This could lead to a reversal with Bitcoin potentially dropping to the following levels:
• $93,000
• $84,000
• $72,000
We see these levels as strong support areas and good buying opportunities. Our primary target is $72,000, but we’re also watching the higher levels for potential reversals.
We expect Bitcoin to eventually reach new all-time highs between $130,000 and $150,000 by July-August 2025.
VITAL DIRECTION ~ Wealth Matters
Read the full article on our website: vitaldirection.co.uk/analysis/
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Read the full article on our website: vitaldirection.co.uk/analysis/
Social Media: vitaldirection.co.uk/links/
Join our Telegram community to stay updated: t.me/+uO1myDok2eQwMWM0
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.
VITAL DIRECTION ~ Wealth Matters
Read the full article on our website: vitaldirection.co.uk/analysis/
Social Media: vitaldirection.co.uk/links/
Join our Telegram community to stay updated: t.me/+uO1myDok2eQwMWM0
Read the full article on our website: vitaldirection.co.uk/analysis/
Social Media: vitaldirection.co.uk/links/
Join our Telegram community to stay updated: t.me/+uO1myDok2eQwMWM0
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.