Technical analysis by CryptoSanders9563 about Symbol BTC: Buy recommendation (5/30/2025)

Bitcoin (BTC/USDT) – Daily Chart AnalysisBitcoin has tested the overhead resistance and is currently retracing towards the $104k–$105k support area.Moving Average (MA 25):The price is slightly above the moving average, indicating that the medium-term trend is still bullish but faces resistance.Pattern Formation:There is a clear breakout from the inverted “V” pattern, and now the price appears to be retesting the breakout zone.Scenario:If BTC maintains support at ~$105k and bounces off again, a potential push towards $112k—$115k can be seen.If the support fails, a deeper pullback towards $100k or below could occur.Thanks for your support!DYOR. NFA