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Technical analysis by TheMarketFlow about Symbol BTC: Buy recommendation (1/12/2025)

https://sahmeto.com/message/3161623
TheMarketFlow
TheMarketFlow
Rank: 181
3.0

BTCUSD // minor long trend

Buy
Price at Publish Time:
$94,892.5
Profit Target:
(+2.53%)$97,291
Buy،Technical،TheMarketFlow

WHAT DO YOU THINK ABOUT BITCOIN?The countertrend of the last corrective impulse is valid until the price closes below H4 impulse base.Within this minor long trend, the market may test the correction fibo 50, but if it's broken, the correction of the primary long trend may go for a test of the correction fibo 50.Of course, the short side offers a much better opportunity, but it's worth to wait for the minor long trend to be broken.———Orange lines represent impulse bases on major timeframes, signaling the direction and validity of the prevailing trend by acting as key levels where significant momentum originated.Level colors:Daily - blueWeekly - purpleMonthly - magentaH4 - aquaLong trigger - greenShort trigger - red———Stay grounded, stay present.🏄🏼‍♂️<

Source Message: TradingView
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