Technical analysis by Sive-Morten about Symbol BTC: Buy recommendation (5/1/2025)

Morning folks, So, market mostly stands at the same place where we leave it last time :)But now our monthly bullish pattern is officially confirmed, so mid term direction is up with 110K target at least and potential progress up to 127K.Now we see a lot of minor bullish signs pointing on upside breakout attempt. Last time we talked about 3-Drive, but today it seems that it could go out of its limits. Not just to 97K but up to 103 K AB-CD upside target.Until price is above 91.5K lows we do not consider any shorts. Following expected downside pullback is still on the table but not for this week probably. We return to it later as soon as upside action will be over.