Technical analysis by TheSignalyst about Symbol BTC: Buy recommendation (5/18/2025)

TheSignalyst

Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.📈 BTC has been bullish, trading within the rising channel marked in orange. 🟧In a typical trend, corrections are usually bearish. 🔻However, in BTC’s case, the correction phases marked in red are flat — a strong signal that the bulls are in control 💪 and not allowing the bears to trigger a classic pullback.As long as BTC holds within the rising orange channel, we expect the next impulse phase to kick off soon 🚀 — aiming for the $115,000 round number. 🎯This move will be confirmed once BTC breaks above the current flat correction zone marked in red. ✅📚 Always follow your trading plan regarding entry, risk management, and trade management.Good luck!All Strategies Are Good; If Managed Properly!~Rich