Technical analysis by Alejandro913 about Symbol BTC: Buy recommendation (1/30/2025)

BTC is retesting the breakout point near the descending trendline (around $98,000-$100,000).If buyers step in, this retest could act as a launchpad for a potential bounce.The green zone ($92,000-$96,000) remains a crucial area of ​​demand, offering strong support in case of a deeper retracement.The 50-day SMA (red line) is moving upwards, currently around $98,000. It acts as a dynamic support level.BTC is slightly above the 21-day SMA (black line), which suggests short-term support.Despite the pullback, the overall structure suggests a bullish continuation.The orange projection shows a potential consolidation followed by a move towards higher targets near $112,000-$116,000.t.me/+OrHwACfjBpNhMzRk As you can see, we have made huge profits recently by trading gold and Bitcoin. If your account is losing money and you want to recover your losses, you can contact me. No matter how much money you have, I can help you! Click to join us: t.me/+OrHwACfjBpNhMzRk