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Technical analysis by ceciliones about Symbol BTC: Buy recommendation (1/26/2025)

https://sahmeto.com/message/3203141
ceciliones
ceciliones
Rank: 1395
2.4
:Buy
Price at Publish Time:
$105,011.77
Profit Target:
(+19.03%)$125,000
Buy،Technical،ceciliones

on 12H chart btc showing a consolidation of bullish pennant pattern.. Breaking it will provide a massive push to break the larger megaphone pattern.The chart also shows a hidden bullish divergence on the RSI indicator.Bitcoin is now on its way to retest its previous high at 109K, and if it successfully breaks through, the price is expected to surpass 125K.Best regards CecilionesBTC really preparing for something great! 12H CHART shows triple bottom on the RSI indicator price consolidate a descending channel with repecting the lower side as it rebound hard after hit it... 50ma gathering with a 0.618fib as shown ... making it a real resistance must to break for continuation and get a NEW ATH

Source Message: TradingView
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