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Bitcoin Eyes $ 111,000, but the last leg can be weeks away

BITCOIN (BTC) sees 4% barking from renewal of important resistance, which can determine whether the breakdown or dementia. At that time, analyst suggested that the final leg of BTC up and cycle peak may come to the next week.

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After the latest decrease, Bitcoin is now trying to break the higher level and replace $ 111,000 as support. As it started in September, Cryptship and returned $ 107,000 before beating 4% on the surface border.

The Analyst Alaly Mardine noted that BTC has been selling at a station running a four-hour chart next two weeks ago. Cryptocursersch increases the upper boundary of the pattern, about $ 110,700, breaching more than Tuesday morning.

In the marketkeeper, Bitcoin needs to close above $ 110,700 with a purposeful rebound, such as guaranteed cracks above the restoration stage of $ 113,500.

The BTC channel of two weeks. Source: Ali Martinez on X

On the contrary, failure to return this resistance is also possible to emphasize the correction, and strengthen the repair, to meet the incident at $ 110,700. “

At that time, Sjuul from Altcrytogoms suggested that Bitcoin is trying to repeat the same Playbook of important pumps. According to the chart, Flagpship Crypship has entered the adjustment period following All-Time Top (Ath), indicates the fall wedge pattern before it goes out again.

Based on this case, the level of $ 108,000 is the main term of bulls as they serve as an important point of bouncement. Holding this Standard will be the BTC power at a high time, showing a terrible price action against opposition. “

In Sjuul, Bitcoin ‘is a critical peak to continue to play the same tune, “and failure will increase the risk of a higher $ 98,000, where weekly Em50 is weekly.

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Rekt Capital has provided a higher flagsship cryship, emphasizing that BTC has shown the mixed signals after failing to close the week above $ 109,000 Level. This Standard previously served as weekly controversy before the New Aths, which indicates that it would be the first sign of Suzer.

Still, he asserted that when the weekly time “showed the first signs of weakness, a monthly chart tells a different story.” Significantly, Bitcoin held its Macro List of $ 107,200- $ 116,000.

Additionally, monthly candles generated the wings below the cycle across the cycle, with deep revenues that often occurs before continuing the Trend. This suggests that the broad market’s structure remains strong despite the pressure of each week.

As this week progresses, the Cryplocurrency can see high fluctuations, by beating $ 104,000 in the Wick. He revealed that “when the weekly performance time guarantees rejection from $ 107K and advanced verification, that can be a monthly Wicker’s motive.”

In this case, “then the price goal is to re-renew the monthly list before the monthly closure from it-” to maintain the macro structure and keep one last leg.

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The analyst and noticed that the former bull market took about 152 weeks, while this one is already 145 weeks. This can sign only seven weeks if the current market market will only apply.

“If Bitcoin will take Peak in its bull market in the middle of September / midwhere in October 2025 in two cycles of bend …

Bitcoin, BTC, Btcusdt
Bitcoin operation in a single week chart. Source: btcusdt in trade view

Picture included from Anenscassh.com, Chart from Ineartview.com

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