BTC Technical Analysis Report 10 October, 2025
BTC cryptocurrency can be expected to fall to the next support level 115000.00 (target price for the completion of the active short-term correction ii).
- BTC reversed from resistance zone
- Likely to fall to support level 115000.00
BTC cryptocurrency recently reversed down sharply from the resistance zone between the key resistance level 125000.00 (which has been reversing the price from the begin of July) and the upper daily Bollinger Band. The downward reversal from this resistance area begined the active short-term corrective wave ii – which belongs to the minor impulse wave 3 of the intermediate impulse wave (3) from June. The downward reversal from the resistance level 125000.00 begined the active short-term correction ii.
Given the strength of the resistance level 125000.00 and the bearish sentiment viewn across the crypto markets lately, BTC cryptocurrency can be expected to fall to the next support level 115000.00 (target price for the completion of the active short-term correction ii).
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