Technical analysis by Chart_Champ1 about Symbol BTC: Buy recommendation (12/27/2024)

A significant shift in Bitcoin's trend has been observed, as the upward parallel channel has given way to a top-bottom flat channel. This change in trend direction is clearly captured in the chart patterns.Currently, Bitcoin is testing the support line of the newly formed top-bottom flat channel. A reversal from this level could spark a substantial upward move. Our analysis suggests that Bitcoin is poised to retest the $100,000 level.Trading Strategy-Signal: BUY Bitcoin (BTC)-Entry Zone: 94000 - 94500 Target Prices:1. TP1: 962002. TP2: 980003. TP3: 100000Stop Loss: 92500Follow my professional profile and support me as I can post more profitable ideas for you guys.