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Technical analysis by MUNASAR5456 about Symbol BTC: Buy recommendation (5/25/2025)

https://sahmeto.com/message/3547936
Buy،Technical،MUNASAR5456

Market StructureBTC continues trading within a rising wedge pattern (white trendlines).Long-term yellow trendline acted as resistance (2018–2021), now flipped to support.Recent price action respects both the yellow and blue trendlines.Key resistance zone around $120K (red horizontal line).Mid-term projection targets upper wedge area near $180K.Bullish ScenarioContinuation of higher lows and higher highs suggests trend remains intact.Break above $121K could trigger a rally toward $150K–$180K (wedge resistance).Clean support holds above $103K and wedge lower boundary.Bearish ScenarioRejection from $121K and failure to hold blue trendline could lead to retest of $84K–$72K zone.Breakdown below $72K would invalidate the wedge and flip structure bearish.

Translated from: English
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Signal Type: Buy
Time Frame:
1 week
Profit Target:
$180,000
Stop Loss Price
$72,000
Price at Publish Time:
$107,640.02
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