Technical analysis by Profit_every_week about Symbol BTC: Buy recommendation (2/8/2025)

1. ETF funds continue to flow in: Since its launch, the Bitcoin spot ETF has continued to attract institutional funds, especially institutions such as BlackRock and Fidelity, which have increased their purchases, indicating that the market recognizes Bitcoin as an asset allocation tool.2. The halving cycle is approaching (April 2024): Bitcoin's historical data shows that the reduction in supply will drive prices up before and after each halving. The market is currently entering the accumulation period before the halving, and funds are expected to be deployed in advance.3. Healthy market structure: Despite short-term fluctuations, the buying in the spot market remains strong, and there has been no large-scale liquidation of positions in the futures market, indicating that the main funds have not yet withdrawn.4. Fed policy expectations: Although the timing of the interest rate cut is uncertain, the market generally believes that the Fed may begin to relax its policy in the second half of 2024, and the weakening of the US dollar will benefit risky assets such as Bitcoin.5. Global risk aversion demand is rising: Geopolitical uncertainties (such as the situation in the Middle East and US-China trade frictions) are intensifying, and Bitcoin, as "digital gold", attracts risk aversion funds inflows.Conclusion:Short-term pullbacks will not change the long-term upward trend. Bitcoin is still expected to break through the historical high, with the target above 110K. Buy at low prices, pullbacks are opportunities!I want to know if you come to the market to make money or to gamble? If you want to make money, follow me. Do as I say, and your profit will double. Let your profit grow. As long as you stick to it, your stable profit will be at least 200% to 400% per week. Don't wait until your account balance is 0 to realize that there is something wrong with your trading method. If you lose money, I will compensate you for your losses! Believe me, our cooperation will win in the end! t.me/+k9acVOilVBM2MDI0