Technical analysis by melikatrader94 about Symbol BTC: Buy recommendation (5/26/2025)

Hello guys!Bitcoin continues to respect the bullish structure within its ascending channel, and we just got a clean breakout from a textbook bull flag.After a solid move higher earlier this month, BTC cooled off inside a tight flag pattern, consolidating above $106K. That pullback helped reset momentum, and now we’ve broken out with conviction.You can read about it here:We’re currently hovering around $ 109.8 K. A short-term retest of the breakout zone near $108K–$108.5K wouldn’t be surprising. it could even offer a great entry opportunity before the next leg up.If momentum holds, the projected target from this flag pattern lands in the $113.5K–$114K zone.watch these:Support: $107.5K–$108.5KTarget: $114KInvalidation: Break below $107KBias remains bullish unless we lose the channel structure.The blue is touched, and the long position is activated!If you enter with my analysis probably you get your first target now!$111264 i sthe next target!