Bitcoin Hits $100K+ | Next Stop $110K or Healthy Pullback?
2025-01-17
Category: None

🚀 Bitcoin Weekly Analysis: Bull Run Heating Up! 🚀
Current Price: $101,408.99
Weekly Gain: +7.26% 🔥

Key Highlights:

Massive Uptrend 📈
Bitcoin has been on an unstoppable rally, breaking past key resistance levels and now holding strong above the $100K mark! This is a clear sign of continued bullish strength.

Fibonacci Levels in Play 🎯

0.382 Level: $87,036 – Solid support if we see any short-term retracement.
0.5 Level: $80,451 – A key psychological and technical level to watch!
0.618 Level: $73,866 – Major buying opportunity if the market pulls back.

Fair Value Gaps (FVG) ⚡
The chart shows unfilled gaps between $70K-$80K, which could act as strong support zones if Bitcoin decides to take a breather.

Break of Structure (BOS) 🏗️
Multiple BOS points indicate a clear shift towards bullish dominance, with no signs of slowing down!

🔮 What's Next?
Bullish Case: 🚀
If Bitcoin maintains its current momentum, we could be targeting $110K and beyond. The sky's the limit! 🌌

Bearish Case: 📉
A pullback could see BTC testing support at  GETTEX:87K  or the FVG zone around $70K-$80K, offering a great buying opportunity for the next leg up!

💬 What do you think? Are we heading to $110K next, or will we see a healthy pullback first? Drop your thoughts below!

#Bitcoin #BTC #Crypto #TradingView #BullRun #CryptoAnalysis #HODL