Technical analysis by Expert_Travis about Symbol BTC: Buy recommendation (3/2/2025)

BTCUSD is poised for a significant rebound after yesterday's pullback from $87,055. The current price of $80,474 represents a 50% Fibonacci correction level of the $52,600-$108,350 rise, providing a strong foundation for a bullish reversal.Key points:- The recent downturn has created a buying opportunity, with a potential target of $95,000.- The $80,474 level serves as a crucial support, with a bounce expected to propel prices higher.- The 50% Fibonacci correction level indicates a likely reversal, as the market seeks to retest recent highs.- Bullish momentum is building, with a potential breakout above $87,055 paving the way for a rally to $95,000.- Traders should be prepared to buy, as the current setup favors a significant upside move.Best regards Travis ❤️Trade close:Target reached💯💯