Technical analysis by mehdi_kb about Symbol BTC: Buy recommendation (3/12/2025)

hello dear trader and investors The cryptocurrency market is always accompanied by strong fluctuations and natural corrections. Bitcoin, as the market leader, requires corrections and liquidity accumulation after each significant rally to pave the way for higher price targets. In this article, we analyze Fibonacci structures and harmonic patterns to demonstrate that Bitcoin's next target could be $141K. 1. Bitcoin Corrections: A Natural Part of an Uptrend Price corrections in bullish trends are a normal phenomenon that helps shake out weak hands and allows major players to accumulate liquidity. Historically, Bitcoin has experienced 20-30% corrections before resuming its upward trajectory. The current correction is no different and may serve as a base for the next strong move toward higher targets. 2. The $141K Target Based on Fibonacci Fibonacci levels are among the most reliable tools for predicting price targets. Assuming Bitcoin's recent high was around 73K and the ongoing pullback is a healthy retracement, we can use harmonic AB=CD pattern to project potential upside targets. Based on these levels, Bitcoin could reach $141K in the next bullish phase. Confirmation Through Harmonic Patterns Harmonic patterns like Butterfly and Gartley suggest that the current correction is forming a potential reversal structure. If this correction completes within the PRZ (Potential Reversal Zone), Bitcoin could see a strong continuation of its uptrend. The Fibonacci ratios in these harmonic structures indicate that the final price target for this bullish wave could be around $141K. Volume and Liquidity: Key Drivers for the Rally Bitcoin needs increased volume and liquidity inflows to reach higher levels. On-chain data shows that trading volumes are rising and large investors (whales) are accumulating rather than selling. This behavior typically precedes a strong bullish move. Bitcoin's current correction is entirely natural, and technical structures suggest that it could be laying the foundation for a new bullish wave. Based on Fibonacci and harmonic pattern analysis, Bitcoin's next major target is around $141K. Traders and investors should consider these levels in their analysis and avoid emotional decisions during market corrections good luck mehdiBitcoin followed the previous analysis perfectly — the price broke out of the symmetrical triangle as expected. 🚀 Currently, BTC is heading toward the $141K Fibonacci target, with key resistance at $130K. 🔄 Minor pullbacks toward the breakout zone (~$110K–$115K) are possible, but the bullish structure remains intact as long as higher lows are maintained. 📈 The macro trend is still upward. Patience is key.