Technical analysis by Lukegforex about Symbol BTC: Buy recommendation (4/21/2025)

BTC/USD 1D - As you can see price has traded us down and into a level of Demand and has shown some signs of potentially reversing back to the upside. In order for us to have confirmation of this we need to see a relevant break in structure.I have gone ahead and marked out the last protected high on the 1H timeframes within this bearish corrective wave, once we see a break in that we have the confluence we need.As we all know a break in the last high would confirm to us that the bearish structure we are seeing at the moment within this corrective wave has finished an a new trend to the upside is ready to take place.It confirms that enough Demand has been introduced into the market to flip the S&D balance. Giving us enough confirmation to look to take this market long once again, as we know there are big prospects for BTC and the prevailing trend backs that.