BTC Technical Analysis Report 26 October, 2025
Given the clear daily uptrend and the widespread bullish BTC sentiment that can be viewn across the cryptocurrency markets today, BTC cryptocurrency be expected to rise further toward the next resistance level 120000.00.
- BTC broke resistance area
- Likely to rise to resistance level 120000.00
BTC cryptocurrency recently broke through the resistance area between the pivotal support level 114040.00 (which stopped the previous impulse wave i in the middle of October, as can be viewn from the daily BTC chart below) and the 50% Fibonacci correction of the previous sharp downward impulse c from the begin of October. The breakout of this resistance area accelerated the active minor impulse wave (iii) – which belongs to the impulse wave 3 from the begin of this month.
Given the clear daily uptrend and the widespread bullish BTC sentiment that can be viewn across the cryptocurrency markets today, BTC cryptocurrency be expected to rise further toward the next resistance level 120000.00.
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