Technical analysis by TheCryptoCity about Symbol BTC: Buy recommendation (3/17/2025)
https://sahmeto.com/message/3355152

TheCryptoCity
Rank: 31841
Analytical Power:
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

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