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

BTC is hitting key support at just under $80,000This is a good opportunity to expect a rebound back up to $100,000. Double bottom formation coming in nicely. Currently entering into my position and watching for a break under. Will keep stop tight as there is a fear of an extreme trend and sell off taking hold. Economic uncertainty and emotional buying and selling in today’s market can drive price in either direction HEAVILY. This being said i am currently looking for entries at major buy/sell areas and keep stops tighter than I normally would while also leaving room to leverage deeper into a trade under trending conditions.Best of luck to you all and trade safe!