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Technical analysis by TheCryptoCity about Symbol BTC: Buy recommendation (3/5/2025)

https://sahmeto.com/message/3297021
TheCryptoCity
TheCryptoCity
Rank: 1735
2.5
Buy،Technical،TheCryptoCity

Bitcoin is currently retesting the upper trendline of a bullish megaphone pattern, a key structure that typically signals strong upside potential after confirmation.If this retest holds as support, BTC could see a major move toward new highs, aligning with the pattern’s bullish continuation. However, losing this level could delay the rally.📍 Key Level to Watch: The upper boundary of the megaphone pattern (~87K-90K).A successful bounce here could fuel Bitcoin’s next leg up! Are you positioned for it?

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Profit Target:
$160,000
Price at Publish Time:
$88,982.65
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