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Technical analysis of BTC/USD 02/25/2025

On the weekly timeframe, Bitcoin is declining within the correction. At the moment, the price is consolidating in the area of 87,000 (23.6% Fibo).

If the price consolidates below the current levels, this will mean a high probability of a downward correction to the nearest target in the area of 74,000 (38.2% Fibo).

The resistance is the area of the absolute high of 108,000.

Created by Joshua Hayn

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