Bitcoin: a view through the yearly and monthly timeframesBitcoin / TetherUSBINANCE:BTCUSDTAlexeyWolfHappy New Year, traders and investors! I wish you profitable trades, confidence in your abilities, calmness, clarity, and steady progress throughout the year — and, of course, good luck. The new year has begun, and it’s a good moment to look at the yearly and monthly charts to understand where it makes sense to consider assets from an investment perspective. On both the yearly and monthly timeframes, the buyer initiative remains intact. The yearly initiative is wide, spanning 15,476–126,199. Key yearly levels are 70,837 (50% of the initiative) and 69,000 (the upper boundary of the previous initiative). Below, a buyer zone is formed with its upper boundary at 48,189. The year 2025 closed on declining volume, indicating a lack of active selling pressure and preserving conditions for a potential renewal of buyer initiative. On the monthly timeframe, the buyer initiative also remains valid (74,508–126,199). The current price is around 89,256, where a buyer reaction is possible. The next important level below is 74,508. For long-term positions, it would be reasonable to wait for a price decline and interaction with the yearly levels 70,837–69,000, or even the buyer zone near 48,189. In these areas, it makes sense to look for buy patterns, with targets at 109,608 and a retest of 126,199. Profitable trades! This analysis is based on the Initiative Analysis (IA) method.