Technical analysis by ATF_Trades_FX about Symbol BTC: Buy recommendation (2/4/2025)

Disclaimer: This is not a trading advice but a personal analysis only for the study purpose.Greeting: Kindly share you thoughts on BTCUSD in the comment section.BTCUSD Current Value: 98000After being hit by a huge drop Bitcoin maintained to regain its value and stablised itself which shows how stable bitcoin is and how strong its community is. BTCUSD dropped to test the lower area but market gave a fake bearish breakout and market pumped Bitcoin up again. Currently market has dropped from 102500 to 98000 which is the testing area again. 98000 is basically supporting area if market supports Bitcoin at this area then market will pump and test the upper area of 102500 again which can show a little resistance but if market give a bullish breakout then its last target will be 106500 today.Supporting Areas: 98000, 95000Resistance Areas: 102500, 106500Demand Zone: 106500Like, comment and follow for more updates on BTCUSD.Sorry for late update. Our first target 102500 was reached and this area resisted the attempt of bullish break out. we achieved 450 points from our supporting area 98000 like comment and follow for more updatesWe achieved 1050 pips from our strong supporting area 92000 to 102500. Now as market has worked a lot and changed its trend. now i am going to publish an updated idea