Technical analysis by FenzoFxBroker about Symbol BTC: Buy recommendation (5/7/2025)
https://sahmeto.com/message/3491610
Bitcoin is Overbought, but $100,000 Target is Still at Hand
Buy
Price at Publish Time:
$96,962.42
Profit Target:
(+0.04%)$97,000
Stop Loss Price:
(-3.50%)$93,565
FenzoFx—Bitcoin is overbought at $97,000, a signal indicated by the Stochastic Oscillator. The price is expected to consolidate before the uptrend resumes. In this scenario, a dip toward $93,565 may provide a favorable entry point into the bull market.Watch this level, followed by $91,720, for bullish signals such as candlestick patterns.>>> Prop Trading>>> No Deposit Bonus>>> %100 Deposit Bonus>>> Forex Analysis ContestAll at FenzoFx Decentralized Forex Broker
Source Message: TradingView