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Technical analysis by SGsauragestion about Symbol BTC: Buy recommendation (2/25/2025)

https://sahmeto.com/message/3272126
SGsauragestion
SGsauragestion
Rank: 1214
2.6
Buy،Technical،SGsauragestion

As anticipated, Bitcoin's recent dip appears to be a strategic move to foster bearish sentiment, while macroeconomic indicators suggest a different narrative. Looking ahead, a mid-week surge is plausible, potentially leading to a significant short squeeze. Targeting the $108,000 zone is reasonable, but an ideal scenario would see Bitcoin reaching $111,000, triggering one of the largest short liquidations in history. This could prompt retail investors to enter en masse, fearing they'll miss the upcoming altseason. Let's see if February closes in the green. 📈🚀

Translated from: English
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Signal Type: Buy
Time Frame:
30 minutes
Profit Target:
$111,000
Stop Loss Price
$90,258.3
Price at Publish Time:
$91,944.56
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