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Technical analysis by TheTraderAndy about Symbol BTC: Buy recommendation (2/26/2025)

https://sahmeto.com/message/3275627
TheTraderAndy
TheTraderAndy
Rank: 34535
0.9

What's next for Bitcoin? Chop into end of March, then 165k

:Buy
Price at Publish Time:
$88,691.55
Profit Target:
(+84.91%)$164,000
Buy،Technical،TheTraderAndy

I believe we are in the last leg of the cycle here. I expect another sideways chop to form a bull flag pattern into end of march, then a 3 wave move up to tap 164-165k before entering a 12month + bear market. Fear is at an all time high, alt coin traders are completely obliterated (I have been through it too, a lot of my previous attempts to call bottoms on some coins were invalidated due to a weaking broader market), however, I believe many alts now have put in bottoming structures such as POPCAT, FARTCOIN, MOG etc.

Source Message: TradingView
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