Technical analysis by traderslandXYZ about Symbol BTC: Buy recommendation (3/18/2025)

Bitcoin - Key Demand Zone Holding, Potential Reversal?📊 Market Overview:Bitcoin has recently retraced from its all-time high and is now testing a critical demand zone (highlighted in green). Historically, similar areas have provided strong support, leading to bullish reversals.🟢 Key Levels to Watch:🔲 Support Zone: The black box marks a region of historical demand where buyers previously stepped in.📉 Resistance Levels: The chart shows heavy supply areas near 87K and 98K, where previous rallies stalled.📈 Technical Analysis:The previous rally from a similar support zone (mid-2023) suggests this level has strong buying interest.The trend indicator shows price interacting with a dynamic support area (blue band).Potential reversal with a green arrow pointing to a possible bounce.⚠️ Key Risks:A breakdown below support could lead to further downside toward lower liquidity zones.Market sentiment remains mixed, with structure signals indicating volatility.🔥 Trading Plan:Bullish Scenario: A successful hold of this zone could see Bitcoin reclaim 87K and push toward 98K.Bearish Breakdown: If support fails, watch for liquidity grabs at lower levels around 75K-70K.📢 What do you think? Will Bitcoin bounce or break lower? Drop your thoughts in the comments!#BTC #Crypto #Trading #Bitcoin #PriceAction #SupportAndResistance 🚀