Technical analysis by MARK_STEVAN about Symbol BTC: Buy recommendation (3/10/2025)

This chart is a 2-hour Bitcoin (BTC/USD) analysis on Coinbase. The analysis includes key technical elements:1. Channel Formation: The price has been moving within an upward channel, but it recently broke below the lower boundary.2. Support Level: A highlighted support zone around $80,000, where the price bounced back.3. Resistance Level: A resistance zone within the channel, which previously acted as a supply area.4. Price Projection: The analysis suggests a bullish movement towards $94,000, with an upward arrow indicating potential price action.5. Volume Profile: Visible on the right side, showing strong interest in the current price region.This suggests that the analyst expects a recovery from support and a rally towards the upper trendline near $94,000, assuming bullish momentum continues.Hold buy