Technical analysis by Quartz- about Symbol BTC: Buy recommendation (2/3/2025)

Here we all are stuck in the range.I usually call this the "Chop Chop Zone"Possible for a long position at the bottom.Channel trading will produce the unknown.Meaning.. long fast wicking and reversal ..and.. eventually a breakout (up or down). The breakout is subjected to the traders interpretation of the trend or maxing out of the trend. It is either a continuation of the trend or a reversal of the trend. So channeling can break-out in either direction. The trending lines I have is an "M" and suggests PA will breakdown and out, towards the Green Lower Oval graphic. However if PA continues more bouncing in the channel, we could see a continuation to the upside and 111k might be in our future soon.Good Luck !!