BTC update on 04.03.2025
Short-term
Yesterday’s momentum was strong, pushing BTC higher, but it retraced all the way back, wiping out most of the gains. Despite the pullback, the overall structure still looks solid. The key now is whether buyers step in again to sustain the trend. Short-term volatility remains high, but no major technical damage has been done yet.
Long-term
As long as BTC holds above $78,100, the macro trend remains intact. This level serves as a critical support zone, keeping the bullish structure valid. If BTC maintains this strength, the next major targets lie between $112,000 – $130,000, where Fibonacci extensions and previous market cycles align. A sustained breakout above $100K could accelerate this move, bringing Bitcoin into uncharted territory. No significant changes in the long-term perspective.
