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

FenzoFx— Bitcoin began consolidating after peaking at $98,000, dipping toward the $93,565 support and now trading slightly above it. The Stochastic Oscillator sits below 25, suggesting BTC is oversold and may rebound.Immediate support lies at $92,565. If this level holds, the uptrend could resume, targeting $98,000, with potential to push toward the $99,560 resistance if buying pressure increases.Bearish Scenario: A drop below $91,720 would invalidate the bullish outlook, potentially extending the decline to $88,830.>>> Prop Trading>>> No Deposit Bonus>>> %100 Deposit Bonus>>> Forex Analysis ContestAll at FenzoFx Decentralized Forex Broker