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Technical analysis by mejazkhanm about Symbol BTC: Buy recommendation (5/23/2025)

https://sahmeto.com/message/3541034
Buy،Technical،mejazkhanm

BTC is strongly Bullish towards 120k liquidity level, I'm not seeing any healthy correction before hitting the 120k level. If BTC strongly breaks and closes below 106.9k then chances are high that it will touch the weekly level and again come to 107k level, but this time it will struggle to break the 107k level because it will become bearish fvg, if it holds the 107k level and give any strong reaction from the zone then the next level is 120k. even a wick towards 105k or below doesn't matter, any body closing below the 106.9k (at least 4hrs) will lead short term weakness to the trend.

Translated from: English
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Signal Type: Buy
Time Frame:
1 day
Profit Target:
$120,000
Stop Loss Price
$106,900
Price at Publish Time:
$110,951.84
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