Bitcoin (BTC) Analysis – October 6, 2025
■ Weekly Close:
The price of Bitcoin closed at 123,482, within the main resistance range, which is considered a positive close supporting the scenario of continued upward momentum.
■ Current Situation:
As previously mentioned, breaking the downward price channel was a signal of a trend change, and the price has indeed risen towards the targeted levels.
Currently, the price is moving within the key resistance area between 122,470 – 125,000. If the price manages to break through this area and hold above it, the chances of continuing the upward trend towards 131,156 – 133,000 remain strong.
■ Alternative Scenario:
If the price fails to exceed the current resistance, we may witness a limited downward correction before resuming the rise.
■ Technical Levels:
📌 Resistance:
* Current Resistance: 122,470 – 125,000
* First Target: 131,156 – 133,000 (+6.2% — +7.7%)
📌 Support:
* First Support: 118,520 (−4.0%)
* Next Support: 114,744 – 112,880 (−7.1% — −8.5%)

