Technical analysis by Forex_ViP_Signalss about Symbol BTC: Buy recommendation (3/20/2025)

This Bitcoin (BTC/USD) chart on a daily timeframe (1D) from Coinbase shows a recent downtrend, with the price currently at $85,749.48, down 1.30%. A potential bullish reversal is suggested with an upward projection toward the $100,000+ range, as indicated by the hand-drawn price path.Key observations:Volume Profile on the Right: Indicates high trading activity around current levels, with less resistance above $90,000.Projected Price Movement: Suggests a breakout from recent lows, a pullback, and then a strong upward move ("BTC to the moon").Buyer-Seller Levels: The buy price is slightly above the current market price, indicating demand.This analysis suggests bullish momentum, but confirmation through further price action and volume is needed.