Technical analysis by CryptoSanders9563 about Symbol BTC: Buy recommendation (6/3/2025)

Chart Pattern: Inverted Head and Shoulders (iH&S)The chart shows a classic reversal pattern of the head and shoulders formation.Left Shoulder: Late January 2025Head: April 2025Right Shoulder: Potentially forming near current levels (~$100K–$102K)This bullish reversal pattern often leads to a strong bounce if the neckline is respected.Support Zones:$98,000 – $100,000: 50 EMA (red) and retest of the area near the neckline$94,500 – $95,000: 200 EMA (green), last resort supportResistance Levels:$108,000 (horizontal neckline resistance)$112,000 and $125,000 (bullish breakout targets)Scenario OutlookBullish Case: If BTC maintains the $100K area and breaks above $108K with volume → rally towards $115K–$125 K.Bearish Case: Breakdown below $94K invalidates the iH&S structure.Thanks for your support!DYOR. NFA