Bitcoin (BTC) Outlook: February to August 2025 [Rangging]
The chart shows a consistent pattern of bullish cycles, each lasting approximately 185 days. Currently, BTC is consolidating around $97,000, with strong support levels near the 100 EMA ($85,000).
If history repeats, another 185-day cycle could push BTC towards the $110,000 resistance zone by August 2025. However, if BTC breaks below the 200 EMA, it may retrace to the $83,000 zone.
The stochastic indicator suggests overbought conditions, signaling a potential short-term correction before resuming the uptrend.
Watch for a confirmed breakout above $97,000 to target $110,000.
Failure to hold the $93,000 support may signal a deeper pullback.
If history repeats, another 185-day cycle could push BTC towards the $110,000 resistance zone by August 2025. However, if BTC breaks below the 200 EMA, it may retrace to the $83,000 zone.
The stochastic indicator suggests overbought conditions, signaling a potential short-term correction before resuming the uptrend.
Watch for a confirmed breakout above $97,000 to target $110,000.
Failure to hold the $93,000 support may signal a deeper pullback.
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