Technical analysis by naumanfx_ about Symbol BTC: Buy recommendation (2/17/2025)

naumanfx_

Market Analysis:Liquidity Sweep: BTC recently grabbed sell-side liquidity around $95,215 - $95,141, triggering stop losses and gathering institutional orders.Reversal Signs: After tapping into this liquidity, a bullish reaction has started, with price now moving towards the buy-side liquidity range.Potential Upside Move: If BTC maintains support above $95,600, we can expect a push towards the $97,000 - $97,600 range.Trade Setup:✅ Entry: $95,800 - $96,000 (After price confirmation)🎯 Target 1: $97,050🎯 Target 2: $97,600🚀 Extended Target: $98,800 (If momentum continues)❌ Stop-Loss: Below $95,100 (Below liquidity grab zone)Trade Rationale:📌 Liquidity Grab: Market makers swept stop losses, indicating potential reversal.📌 Market Structure: Bullish recovery from key support zone.📌 Risk-Reward Ratio: ~1:3 (low risk, high reward setup).🔔 Waiting for confirmation before entry! A strong bullish candle close above $96,000 can confirm entry. 🚀📢 Let me know your thoughts! Are you bullish or bearish on BTC? 📈👇