BTCUSDT Analysis: Breakout and Potential Growth

By Tobiloba Trades | TheTradingPlaybook | 10 Oct 2025

Hello everyone, what do you think about

BTCUSDT?

Based on technical analysis, BTCUSDT has made a strong breakout from the descending channel. Currently, Bitcoin is facing strong resistance near the 124,000 USD level. After reaching the peak, the price may correct back to Fibonacci support levels (0.5 - 0.618) before potentially continuing its upward movement.

The next target for BTC is to reach 130,000 USD if the bullish trend continues. The key to achieving this target is for the newly established support to hold, along with a clear confirmation of a candle close above the current resistance zone.

As for me, I remain optimistic. What about you?

What do you think about

the trend of BTCUSDT? Feel free to leave your thoughts in the comments below.

Good luck! Trade safe❤️

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Tobiloba Trades

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