Technical analysis by LeoBlackwood about Symbol BTC: Buy recommendation (4/8/2025)

LeoBlackwood

Currently, Bitcoin is fluctuating between 78,000 and 81,000, where it faces pressure from the resistance line while remaining above the lower boundary. After breaking out of this pattern, Bitcoin has started to form an upward channel, marking a shift towards a bullish structure.Within the channel, the price has reacted to the support line multiple times, especially in the range of 78,000 - 785,000. Each touch of this area has triggered a rebound, indicating that buyers have been safeguarding this region.Recently, Bitcoin rebounded again from the support level of 78,000, which coincides with the lower boundary of the channel. This rebound suggests that the bullish momentum persists and the structure remains intact. Now, the price is stabilizing and preparing to rise again. The trading strategy is to wait for a pullback and then go long. Trading Strategy:buy@78000-78500TP:81000-82000Get daily trading signals that ensure continuous profits! With an astonishing 90% accuracy rate, I'm the record - holder of an 800% monthly return. Click the link below the article to obtain accurate signals now!