Technical analysis by subawu about Symbol BTC: Buy recommendation (5/1/2025)

Please keep shorting!! We need more fueeeeeeeeeeeeel 🚀🚀🚀🚀🚀Bitcoin has increased about 12% since this idea was created. Looking at the Daily TF, we can see how BTC price bounced right from the trend line that connects the two tops from last bull cycle (2021), making it from resistance to now be support, as of today (White Dotted Line).As you can see, we have a clear area of resistance from $106,058.00 to $108,353.00 (Orange Arrows). This area was created after price made the current ATH. There are two possible scenarios i could see happening in the upcoming days. I believe we would either do one of those two options, or dump hard and reset RSI, etc... (Green Path Arrows)The Number of Retail Users keep increasing very slowly. BTC Dominance has taken a small hit since ETH and other Altcoins have been pumping these past days. Honestly, I don't expect anytime soon a big dump on BTC that could take us to sub 80k. Everything looks bullish to me.Daily:4H:However, as always, NFA & DYOR :)4 days have passed and Bitcoin keeps bouncing from 1.618 fib ($102,077.83).... Bears are trying, but people ain't selling and institutions keep on buying Billions and Billions worth of BTC.... Next stop is test of the last resistance area starting at $106,058 .... :D Get ready. 4H:Well well well..... what do we have here........ hmmmmmmm....... interesting, HUH! We double bottomed at 1.618 Fib level and confirmed support to go much higher.Just like i planned it..... There is lots of liquidity from greedy shorters who are trying to "cAtCh ThE tOp" until 119-120k... so, that is next level we are chasing for...NEW ATH is COMING. Get your popcorn ready boys and girls. No pain, No gain.No Patience, No gain.Scared Money, makes NO Money.4H:CONGRATULATIONS! A new ATH has been officially made, like i said two days ago.I'm sticking to my plan. 119-120k is a possible level where we get some type of reaction/retracement to reset oscillators and keep going up to the next target of $155,601.83 which is the 2.618 Fib you can see at the original chart of this idea. ETFs are buying up thousands and thousands of BTC's EVERY DAY while Miners only make barely mine a bit more than 400 BTC/day. You now have to choose whether you want to call a top at this level, or keep believing and understand BTC isnt going anywhere but UP 🚀4H: