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Technical analysis by basictradingtv about Symbol BTC: Buy recommendation (5/8/2025)

https://sahmeto.com/message/3494416
basictradingtv
basictradingtv
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Bitcoin - BTCUSD - will break out again:(click chart above to see the in depth analysis👆🏻)It has been quite some time since we saw such a strong move on Bitcoin. But finally - not totally unexpected to be honest - Bitcoin is following its destiny and about to create another new all time high. Patience is key and strategy, risk and mindset will help you master the volatility.Levels to watch: $100.000Keep your long term vision!Philip (BasicTrading)Bitcoin - BTCUSD - just needs one final push:(click chart above to see the in depth analysis👆🏻)Well, all Bitcoin needs right now is just one final push higher and the creation of the all time high is done. Eventually, especially if the bullish pressure continues, Bitcoin will follow its destiny and therefore continue with the underlying bullish cycle uptrend.Levels to watch: $100.000Keep your long term vision!Philip (BasicTrading)Bitcoin - BTCUSD - will confirm the breakout:(click chart above to see the in depth analysis👆🏻)Finally Bitcoin managed to create a new all time high last week, but bulls are still quite hesitant. All we have to see soon is the confirmation of the bullish all time high breakout, which - if actually playing out - will start the next rally within the rising channel.Levels to watch: $300.000Keep your long term vision!Philip (BasicTrading)

Translated from: English
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Signal Type: Buy
Time Frame:
1 month
Profit Target:
$290,000
Price at Publish Time:
$103,385.25
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