Technical analysis by PIPsOptimizer about Symbol BTC: Buy recommendation (3/30/2025)

Key Observations:Support Zone: A crucial support level is marked below the broken channel, indicating a potential area for a price reversal.Bullish Projection: A breakout above this support level could push BTC higher towards the target price of 94,101.24 USD.Technical Patterns: The price initially showed a strong downtrend, followed by a recovery forming an ascending channel, and now a potential bullish breakout is expected.Trading Plan:Bullish Scenario: If BTC holds above the support level, a strong move upwards toward 94,101.24 USD could be expected.Bearish Scenario: A failure to hold support could result in further downside toward lower key levels.Conclusion:Traders might look for buying opportunities near the support zone with a potential upside target of 94,101.24 USD while managing risk in case of further breakdown.Would you like to refine this further or add specific indicators? 🚀