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

Experts_Trading_Acadmey

Based on technical and fundamental analysis, Bitcoin has reached a significant support level at 90,561, indicating a potential reversal zone for buyers. The current market trend shows a bullish recovery from this support area, with a Buy Entry Point identified at 94,162, which offers an attractive risk-to-reward setup.Must Support Me And And Share My Analysis With Your Friends Thanks Trade SafelyKey Levels:1. Support Level: 90,500 – This marks a critical zone where buyers are likely to defend aggressively.2. Buy Entry Point: 94,200– An optimal level to enter a long position based on the bullish trend formation.3. Resistance Zones:First Resistance: 102,500 – A potential profit-taking area for short-term traders.Second Resistance: 108,000 – A strong resistance level, acting as a target for a sustained rally.Chart Pattern:The chart shows a bullish reversal pattern developing at the support zone. Combined with the volume increase near the lows, this indicates a potential breakout toward higher resistance levels.Trend Analysis:Fundamentally, Bitcoin's positive sentiment and technical bounce off the support level suggest a high probability of an upward trend continuation.Action Plan:Monitor the price action around 94,200 for confirmation of entry.Place a stop-loss below 90,500 to mitigate risk.Targets:Short-term: 102,500Long-term: 108,000a great opportunity for swing traders to capitalize on Bitcoin's bullish recovery.NOTE: This analysis is for educational purposes and should not be considered financial advice.300+ Pips In Profit From Entry Point Keep It Going Guys Btc Will Go Till All Time Again Keep Hold till Our Target Enjoy The Profit GuysHello Guys Back To Back Hitting A new Target Hit BTC/USD Reached At Our Target $1,02,500 SuuccessFully 750+Pips Profit Target Achieved Amazing Setup Perfect Entry Zero DrawDown