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Technical analysis by TheCryptoCity about Symbol BTC: Buy recommendation (3/17/2025)

https://sahmeto.com/message/3355152
TheCryptoCity
TheCryptoCity
Rank: 31841
0.8

BTC Breakout Alert: A Surge to $90K?

Buy
Price at Publish Time:
$84,013.01
Profit Target:
(+9.22%)$91,760
Stop Loss Price:
(-1.21%)$83,000
Buy،Technical،TheCryptoCity

This 4-hour Bitcoin chart highlights a descending trendline acting as resistance, while an ascending trendline supports the price. The price is consolidating near a key resistance zone Green at $84,705 - $85,556, indicating a potential breakout above the trendline. A successful breakout and retest could lead to a bullish move toward the higher resistance zone Blue at $90,772 - $91,560.

Source Message: TradingView
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