Technical analysis by s90ms90m about Symbol BTC: Buy recommendation (3/1/2025)

BTCUSD has successfully broken out of the **descending channel**, indicating a potential trend reversal to the upside. The price is currently retesting the 85,272 support zone, which aligns with a rounding bottom pattern—typically a bullish continuation signal.If this support holds and buyers step in, BTCUSD could see upward momentum toward its next key resistance level. The first bullish target is 88,000, which aligns with the previous price structure. A strong breakout above 88,000 could push BTCUSD toward 89,500–90,000, where sellers may re-enter the market.To confirm further bullish momentum, BTCUSD needs to maintain support above 85,000 and show increasing volume on the breakout. If it fails to hold this level, a potential retest of lower zones may occur before another push higher.TARGETS 88,000 - 89,500 - 90,000STOP LOSS 83,000