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Bitcoin Weekly Outlook

44

BTC is pushing towards key Fibonacci levels, with targets at:
🔹 $129K (61.8% extension)
🔹 $234K (100% extension)

Support remains strong at $81.5K, with resistance around $97.7K. Eyes on a potential breakout to higher levels! 🚀

#Bitcoin #CryptoAnalysis #Trading"


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Short Analysis Report:

Key Levels:

Support: $81,499 (current strong support zone).

Resistance: $97,698 (near-term barrier for further gains).


Fibonacci Insights:

61.8% extension targets $129,195, aligning with bullish momentum.

100% and 123.6% extensions ($234K–$339K) signal long-term potential if the breakout sustains.


Trend: BTC remains in a bullish channel, with the current structure indicating potential for upward continuation. Short-term corrections may occur but should respect key support levels.


This setup suggests a promising 2025 outlook if momentum persists!

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