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

As I mentioned in my post yesterday, there was a possibility of the price dropping to the 0.5 Fibonacci zone, from which I expected active buying followed by a trend reversal for Bitcoin and the entire crypto market.The price of Bitcoin has dropped to the 0.5 Fibonacci level, and this was enough to trigger a reaction. We’ve already seen a +2,000 price bounce, and there may still be some volatility with price movements up and down, but a drop below 82k is unlikely. I’m waiting for the daily candle to close, after which I will consider my strategy for opening a position.