Technical analysis by sajjadsoraya1364 about Symbol BTC: Buy recommendation (5/10/2025)

Bitcoin continues to trade within a well-defined ascending green channel that started in early 2023. After a healthy consolidation near the midline of the channel, the price broke out of a wedge pattern, confirming renewed bullish momentum.As long as BTC remains inside this channel and above key support levels, the trend remains bullish. Based on Fibonacci extension levels, the upcoming targets are:$130,000 (1.618 extension)$171,000 (2.618 extension)$226,000 (3.618 extension)If Bitcoin breaks above the previous all-time high of $109,588, we could see a strong rally toward the $130K–$170K zone by Fall 2025.Bearish scenario: A confirmed breakdown below the midline and $95K support could lead to a deeper correction.