Technical analysis by MrGeorge_Fx1 about Symbol BTC on 3/7/2025

This BTC/USD 15-minute chart highlights a key support zone, signaling a potential bullish reversal. The price is expected to rebound, targeting $88,613, $91,270, and ultimately $94,000. Traders should watch for confirmation of the bounce, with resistance levels acting as potential profit-taking points. If momentum holds, Bitcoin could see a strong recovery from its recent decline.Key Levels:1. Support Zone: Marked at the bottom where price recently bounced.2. Resistance Zone: Marked at the top where price previously reversed.3. Target Levels:Tp1 (Take Profit 1): 88,613Tp2 (Take Profit 2): 91,270Final Target (TP): 94,000Trade Plan:Potential Reversal at Support: The price has dropped to a strong support zone, indicating a possible bullish move.Expected Move: A rebound from the support zone, with price forming higher highs and higher lows.Entry Point: Near the current support zone.Profit Targets: The price is expected to reach 88,613, then 91,270, and potentially 94,000.Resistance Confirmation: If the price reaches the resistance zone, traders might look for signs of rejection before deciding on further action.Conclusion:The chart suggests a bullish outlook for Bitcoin, anticipating a bounce from support with multiple profit-taking points. Traders should monitor price action for confirmation before entering a trade.active profit running hundreds of pips on BTC/USD from 79995 to 82272 Note Write a comment with your altcoin + hit the like button, and I will make an analysis for you in response. Trading is not hard if you have a good coach! This is not a trade setup, as there is no stop-loss or profit target. I share my trades privately. Thank you, and I wish you successful trades!