Technical analysis by Richtv_official about Symbol BTC: Buy recommendation (5/27/2025)

Richtv_official

Bullish Momentum Accelerates:Bitcoin has reached new all-time highs, confirming a strongly bullish technical outlook. Accelerating upside momentum and growing investor confidence are driving the current rally.Breakout Confirmation:A decisive breakout from a broadening wedge pattern has unlocked potential targets in the $130,000–$135,000 range, signaling a likely continuation of the uptrend.Key Support Levels:With Bitcoin now trading well above $106,000, the previous resistance at $108,000 is expected to act as strong support during any pullbacks — providing a clear risk threshold for traders.Favorable Risk-Reward Setup:This alignment of:Strong momentumCompleted consolidationSuccessful breakout...creates a compelling risk-reward scenario and reinforces the case for continued upside in the current bull cycle.Bitcoin may just be getting started on its next leg higher. 🚀🔥#Bitcoin #BTC #AllTimeHigh #Crypto #TechnicalAnalysis #Bullish #Breakout #MarketMomentum #CryptoTrading #CryptoMarket