Technical analysis by Urbanmove about Symbol BTC: Buy recommendation (4/12/2025)

Welp, this is the 1st structural signs of life I have seen in BTC in a long time. There is almost zero chance she can go make a new low any time soon. At worst she goes sideways. At best she works through this blue down channel, and takes a solid rally. Either way. Shorts should be closing. And long positions should be opened. Breaks over $85K become Uber bullish. But we are also right now Uber bullish short term.So BTC has now moved into the break out warning track area. Location is screaming , break out. But the wave form looks like a bunch of weak 3 wave forms. So I am thinking higher prices, that still end up eventually leading into another low. Could also be the fake sucker pump. Not sure. But what I am pretty sure of , is higher prices are coming immediately from here. And then should top , and head to a new low. Lets see if that happens. Targets for the coming local high would be near $96,400 or so.Technically the title of this chart is now that great. As I dont think BTC has bottomed. It was more click bait than anything. But Trading View does not allow edits, and I am not going to re post all this just to correct the title. Next time, no click bait title.