After a ‘Perfect Bullish Retest’, is the Bitcoin (BTC) Price Ready for a 10% Upswing in February?
this Bitcoin price It’s rising! The latest recovery from Deepseek Shock Wave stimulated the bullish momentum in cryptocurrency space. The price turned $ 100,000 into a powerful support area, which indicates that the bulls are booming. However, the last obstacle to overcome may cause the rally to enter the price discovery stage. At the same time, liquidity has accumulated again at the top again, which may make the road to the new ATH very difficult.
Is the price of Bitcoin (BTC) moved to $ 110,000 in the next step?
The price of Bitcoin is no longer possible, and it is expected to maintain the momentum of the following units. After the current merger, the token seems to have prepared the next step, and the target level exceeds $ 120K. In the continuation of the bullish, the possibility of callback after reaching the fresh high is because a large number of desires are piled up around the key resistance to $ 106.4K.
Data from Coinglass show that nearly $ 100 million desire accumulates between 106K and 106.8K. The highest liquidity suggests that the whale is preparing for the action, because the bullish chart is currently aligned. At present, the level of $ 107K looks very promising, and potential breakthroughs indicate that prices have risen further.
Where is the next step of BTC?
As mentioned above, in the long run, the price has been eliminated from the huge cup and handle mode. Therefore, no matter how mourning the pressure, the price can remain up. The price seems to be the middle of breakthrough results, which indicates that the price of BTC may be about $ 125,000.
The technicians are slowly becoming a decline, just like MACD and Bull Market Support Band can expect several times. At the same time, the RSI within the week range reaches the upper threshold, and the possibility of rising within the over -buy range may squeeze the possibility of loser. If the price does not do this, then it will fall to less than $ 100,000. Although there is a possibility of loser, the price remains under the influence of the bullish, and the $ 125 of the high target is still activated.
