Technical analysis by LegendaryTom about Symbol BTC: Buy recommendation (2/25/2025)

Fundamental OverviewBitcoin is trading around $85,823, showing bullish potential as institutional demand and ETF inflows support price action. Macroeconomic factors and on-chain metrics indicate accumulation at key support levels.Technical AnalysisResistance Levels: $100,000 | $108,000Support Levels: $84,000 | $82,000Indicators:RSI: Blue line: 42.20 | Yellow line: 45.20 – indicating slight bearish pressure but potential for reversal.MACD: -653.87, Signal: -430.42 – bearish momentum, but a crossover could signal trend shift.50 EMA: $87,808, acting as key resistance.Long SetupEntry: $84,000 (buy on dip).Target: $100,000.Stop Loss: Below $82,000.Risk-Reward Ratio: 1:8—high-reward trade setup.Final ThoughtsBTC is in an accumulation phase—waiting for a breakout above $87,808 (50 EMA) for bullish confirmation. Watch for a potential MACD crossover for additional momentum.Like & Follow for more trading ideas!Best wishes Tom 😎