Bitcoin: ⬆️ Buy
– Bitcoin reversed from support area
– Likely to rise to resistance level 117325.00
Bitcoin cryptocurrency recently reversed from the support area between the pivotal support level 108000.00 (which stopped two previous corrections a and 2 in August), lower daily Bollinger Band and the 61.8% Fibonacci correction of the upward impulse from June.
The upward reversal from this support area started the active short-term impulse wave iii of the intermediate impulse wave (5) from the start of April.
-p src=/wp-content/themes/fxpro_news_2025/assets/images/etf/820x312_ETF_2_uk_75_eng.png>Given the clear daily uptrend and the still oversold daily Stochastic, Bitcoin cryptocurrency can be expected to rise to the next resistance level 117325.00 (which stopped earlier impulse wave i).
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