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Bitcoin Price Levels to Watch After Cryptocurrency Hits Record High Above $125,000
Yahoo Finance·2025-10-07 01:54

Source: TradingView.com Key Takeaways Bitcoin hit another record high Monday after surpassing the closely watched 125,000levelovertheweekendforthefirsttimeever.Thecryptocurrencybrokeoutfromatwomonthdescendingchannellastweek,potentiallysettingthestageforacontinuationmovetotheupside.Barspatternanalysisforecastsabullishmovetoaround125,000 level over the weekend for the first time ever. The cryptocurrency broke out from a two-month descending channel last week, potentially setting the stage for a continuation move to the upside. Bars pattern analysis forecasts a bullish move to around 160,000 that may play out over the next 12 weeks. Investors should watch major support levels on Bitcoin's chart around 107,000,107,000, ...