Technical analysis by financialfreedomgoals101 about Symbol BTC: Buy recommendation (1/31/2025)

Hey Realistic Traders!Can BTCUSDT Break Past $112K and Set a New All-Time High? Let’s Break It Down...Trend AnalysisOn the H4 timeframe, BTCUSDT has consistently traded above the EMA-90 line, confirming the continuation of a bullish trend. Within this trend, a falling wedge pattern formed, which is typically considered a bullish reversal signal. This pattern was followed by a breakout marked by a bullish Marubozu candle, further strengthening the bullish outlook.In addition, a bullish crossover appeared on the oscillator, providing additional confirmation of upward momentum. Based on these technical signals, the price is expected to continue its upward move toward the first target at 113,613, with a potential extension to the second target at 117,968.The outlook remains valid as long as the price stays above the key stop-loss level at 105,681.Support the channel by engaging with the content, using the rocket button, and sharing your opinions in the comments below.Disclaimer: "Please note that this analysis is solely for educational purposes and should not be considered a recommendation to take a long or short position on Bitcoin.Rebound on the latest falling wedge structure