Technical analysis by ForexCollege about Symbol BTC: Buy recommendation (1/24/2025)

ForexCollege

🚀 Bitcoin Price Action Update 🧑💻I was asked for my thoughts on Bitcoin with the USA embracing crypto. Here's my technical analysis:📈 Current Outlook:Bitcoin is trading strong bullish above a rising trendline. You can see my bullish anticipation on the chart.⚖️ Balanced Perspective:As an insight provider, I avoid locking into one bias. Markets fluctuate, and probabilities matter. An alternative scenario could see Bitcoin range between horizontal Resistance and Support, or even break the rising trendline.⏰ My Trading Approach:I enter trades on lower timeframes for precision, but I rely on daily and sometimes weekly timeframes to confirm major trend directions.What's your take? Share your thoughts below! 👇#CryptoAnalysis #Bitcoin #PriceAction #TechnicalAnalysis