Technical analysis by alireza1432 about Symbol BTC: Buy recommendation (1/10/2025)

Key points of this forecast:Potential Bitcoin drop to 87,000: Based on Fibonacci analysis, Bitcoin is expected to decline to this level. This price drop could be due to a price correction after a rapid growth or external factors such as changes in monetary policy or global events.Significant decline and high volatility in the altcoin market: Altcoins typically have higher volatility compared to Bitcoin. During market corrections, altcoins are often affected more than Bitcoin.Bitcoin reversal and targeting higher levels: After the end of the correction period, Bitcoin is expected to resume its upward trend and reach levels of 99,600 and 131,000. These levels are considered short-term and medium-term price targets.Recommendation to be cautious in investing: Given the expected high volatility, it is recommended that investors exercise caution during this period and make investment decisions more carefully.Points to consider:Technical analysis is a forecasting tool, not an exact science: Fibonacci patterns and other technical analysis tools can help better understand price movements, but there is no guarantee that forecasts will be realized.External factors can affect the market: Global events, regulatory changes, news, and market sentiment can significantly impact cryptocurrency prices.Risk management is essential: Investing in cryptocurrencies is highly risky. Always allocate a portion of your capital for investment and use risk management tools such as stop-loss orders.Personal analysis and consultation with experts: Before making any investment decisions, conduct your own personal analysis and consult with financial experts if necessary.Ultimately, the decision to invest is up to you. This text is only a forecast and should not be considered as definitive investment advice.