 BTC Analysis: Key Levels and Trends to Watch
2025-02-05
Category: None

Current Price  CRYPTOCAP:BTC 
 
    Bitcoin is trading near $97,430, down 4.88% from its recent high of $102,783, signaling resistance at higher levels.  

 Support & Resistance:  
   Support:  
     $60,491 (key demand zone).  
  Resistance:  
    $107,261 (critical upper resistance).  

  Volume:  
    Decreasing volume in recent months indicates reduced momentum, with $60,491 as the strongest volume-supported level.  

 Scenarios:  
   Bullish: Breaking $107,261 could push Bitcoin toward $120,000.  
   Bearish: Losing $87,500 may lead to a drop to $60,491.  

#Bitcoin
’s macro trend remains bullish as long as $60,491 holds. Monitor $87,500 as a key level for downside protection, with targets in the $104,000-$107,000 range for the short term.
