Technical analysis by CryptoSanders9563 about Symbol BTC: Buy recommendation (4/23/2025)

BTC/USDT – 1D Chart AnalysisGolden Cross Replay?Two important moving averages in play:50-day MA (red): ~84,341200-day MA (green): ~88,546Earlier in the chart (circled on the left), BTC broke above both MAs, starting a strong bullish rally towards $120K.We are potentially seeing a repeat of that pattern now Breakout ConfirmationThe price broke out of the descending triangle pattern (black trendline) — a bullish signal.Strong breakout volume (green arrow) indicates conviction.A retest of the breakout level (yellow area) at ~$92,000–$93,000 as support could confirm continuation.Key LevelsSupport: 88K–$90KBreakout Zone: ~92KTarget Zone: $110K–$120K range if momentum continuesGolden Cross-like structure forming againDowntrend resistance brokenRetest at horizontal resistance in progressLook for confirmation of holding above the yellow zone to target higher levelsCryptosanders always provides crisp chart alpha.NFA – DYORShare your thoughts or setups!