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

BTCUSD is trading inside a Channel Down pattern, which almost hit today the MA200 (1d).The last time Bitcoin traded on this level was October 14th 2024.Technically, this is not just a short term Channel Down bottom buy signal but also a long term buy opportunity for the remainder of the Bull Cycle.Trading Plan:1. Buy on the current market price.Targets:1. 99000 (+22.48% rise like the previous bullish wave).Tips:1. The RSI (1d) is massively oversold, dipping below 30.00 for the first time since the August 5th 2024 bottom. This is a massive long term buy signal.Please like, follow and comment!!